Indian soyoil futures fell on Monday as traders booked profit after contracts hit record highs last week and tracking losses in Malaysian palm. India's decision to allow the import of genetically modified soyoil without government approval until further notice also weighed on prices, analysts said.
By 3:29 pm (0959 GMT), the January contract on the National Commodity and Derivatives Exchange was down 0.15 percent at 552.55 rupees ($14.02) per 10 kg.