Indian soyaoil futures rise

Indian soyaoil futures rose on Tuesday, tracking gains in the soyaoil contract on the Chicago Board of Trade (CBOT) and Malaysian Palm. March soyaoil futures were up 1.3 percent at 663 rupees ($9.95) per 10 kg on the National Commodity & Derivatives Exchange Ltd (NCDEX) as of 1312 GMT. The soyabean oil contract on the CBOT was up 1.3 percent, while the benchmark palm oil futures for May on the Bursa Malaysia Derivatives Exchange ended the session 0.6 percent higher at 2,770 ringgits ($624) a tonne.