Indian oilseeds fall on lean demand

Indian oilseeds ended lower on Wednesday as lack of demand and weak export orders for oilmeals hurt sentiment. The January soyabean contract on the National Commodity & Derivatives Exchange dropped 0.48 percent to 3,696 rupees ($55.74) per 100 kg. January rapeseed futures fell for the fourth consecutive session, ending down 1.51 percent at 4,228 rupees per 100 kg.
January soyaoil futures were down 0.39 percent to 619 rupees per 10 kg at 1223 GMT, tracking losses in soyabean.
SUGAR The most active March sugar contract was up 1.56 percent to 3,185 rupees per 100 kg on expectations of lower production of the sweetener after India's first back-to-back drought in nearly three decades wilted the cane crop.
CORN, WHEAT January corn futures edged 0.20 percent higher to 1,496 rupees per 100 kg, while the January wheat contract shed 0.47 percent to close at 1,683 rupees per 100 kg.