Indian soyabean futures fell on Monday as arrival of new harvests started picking up, while settlement of the current month contract also dented buying interest. Soyaoil futures tracked weaker trade in rival palm oil on the Bursa Malaysia Derivatives Exchange. Rapeseed reflected the sentiment in soya complex.
The key November soyabean contract closed 2.2 percent down at 3,001 rupees (49 dollar) per 100 kg on the National Commodity & Derivatives Exchange. At 1250 GMT, the key November soyaoil contract was down 0.6 percent at 574 rupees per 10 kg. The November rapeseed contract closed 0.2 percent down at 3,646 rupees per 100 kg.
Sugar futures are likely to trade higher before Diwali, though the medium-term outlook continues to be weak on prospects of ample supplies in the world's second biggest producer of the sweetener after Brazil. The key December contract rose 0.4 percent to 2,794 rupees per 100 kg.