India soybean and rapeseed futures were little changed Friday as rising arrivals in spot offset weak Malaysian palm prices, analysts said.
At 10:28 a.m., April soybean NSBJ9 on the National Commodity and Derivatives Exchange was steady at 2,299 rupees per 100 kg.
June rapeseed NRSM9 was almost steady at 455.5 rupees per 20 kg.
April soyoil NSOJ9 was also steady at 446.65 rupees per 10 kg tracking lacklustre trade in oilseed and edible oils markets both at home and overseas.
Rapeseed arrivals, which crossed 315,000 bags of about 85 kg each on Thursday, have pushed up oilseed supplies and are impacting prices, they added.
At 10:36 a.m., benchmark May palm oil KPOc3 on the Bursa Malaysia Derivatives Exchange was almost steady at 1,905 ringgit a tonne.
source : Reuters India