Indian soyabean falls on weak demand; sugar edges lower

Indian soyabean fell for the third straight session on Thursday on lean demand due to weak soyameal exports and as millers stayed away from buying at high prices. The January soyabean contract on the National Commodity & Derivatives Exchange dropped 0.76 percent to 3,655 rupees ($55.06) per 100 kg. The January rapeseed futures ended 1.02 percent lower at 4,473 rupees per 100 kg as demand for the oilseed remained low due to a stock limit in key producing Rajasthan state.
Soyaoil for January delivery was down 0.93 percent to 614.75 rupees per 10 kg at 1219 GMT, tracking losses in global markets.
SUGAR The most active March sugar contract was 0.07 percent lower at 3,039 rupees per 100 kg on thin demand in the spot market.
CORN, WHEAT January corn futures gained 0.27 percent to close at 1,483 rupees per 100 kg, while the January wheat contract rose 0.18 percent to 1,705 rupees per 100 kg.