Indian soyoil rises, tracking overseas markets

NEW DELHI: Indian soyoil futures rose on Monday, tracking gains in soyoil in the United States and China.

The December soybean oil contract on the Chicago Board of Trade rose 0.2 percent, while the September soybean oil on the Dalian Commodity Exchange was up 0.4 percent.

Indian August soyoil futures were up 0.23 percent at 644.70 rupees ($10.02) per 10 kg on the National Commodities and Derivatives Exchange as of 1448 GMT.

Rapeseed futures ended 0.7 percent lower at 3,674 rupees, while August soybean futures were 0.6 percent lower at 2,977 rupees.