Indian soyoil futures rose on Friday, led by gains in Malysian palm oil futures and overnight increases in soyoil futures on the Chicago Board of Trade, analysts said. The August contract on the National Commodity and Derivatives Exchange had risen 0.19 percent at 510.20 rupees ($12.6) per 10 kg, while the September contract was up 0.14 percent to 511.50 rupees.
The July contract, which expires on Friday, rose 0.60 percent to 506.70 rupees. In Malaysia, the benchmark October palm oil futures at Bursa Malaysia Derivatives Exchange was up 1 percent at 2,506 ringgit ($735) a tonne at 1000 GMT.
Exports of Malaysian palm oil products for July 1-20 fell 2.6 percent to 644,332 tonnes from 661,626 tonnes shipped between June 1 and 20, cargo surveyor Intertek Testing Services said on Friday.
Another surveyor, Societe Generale de Surveillance, said the exports fell 5.5 percent to 638,163 tonnes from 675,424 tonnes. On the Chicago Board of Trade. August soyoil futures rose 0.13 cent to 37.63 cents per pound at Thursday's close.