Indian rapeseed falls for third day on weak demand

01 Jan, 2016

Indian rapeseed futures fell for the third straight session on Tuesday on thin demand for the oilseed, while soyabean gained on short-covering. The January rapeseed contract on the National Commodity & Derivatives Exchange ended 2.48 percent lower at 4,293 rupees ($64.70) per 100 kg. The January soyabean futures rose 0.68 percent to 3,714 rupees per 100 kg. Gains in international markets also helped sentiment.

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