Indian soyabean futures rose on Tuesday on short covering as global prices of the oilseed rebounded due to a rise in demand for supplies from the world's top grower, the United States. soyaoil reflected the sentiment in soyabeans, while rapeseed futures closed higher on exhausting old stocks. The key December soyabean contract ended up 1.6 percent at 3,336 rupees ($54) per 100 kg on the National Commodity & Derivatives Exchange.
At 0107 GMT, the key December soyaoil contract was up 0.5 percent at 588 rupees per 10 kg. The December rapeseed contract was higher 0.5 percent at 3,855 rupees per 100 kg.