Indian soyabean and rapeseed futures ended up on Friday on concerns over crop damage and inferior quality supplies due to unseasonal rains. Unseasonal storms have badly damaged the winter crop in large parts of the fertile northern plains. The June soyabean futures contract on the National Commodity and Derivatives Exchange (NCDEX) ended up 1.41 percent at 4,028 rupees per 100 kg.
The May rapeseed contract rose 2.04 percent to 3,795 rupees per 100 kg. At 1254 GMT, the key June soyaoil contract edged down 0.05 percent at 593.40 rupees per 10 kg.
Key May contract was quoted 0.90 percent higher at 2,473 rupees per 100 kg. India might consider giving cash-strapped sugar companies an incentive to export white, or refined, sugar as long as mills agree to pay the dues they owe to millions of cane growers, Food Minister Ram Vilas Paswan said last Wednesday.
India, the world's biggest sugar consumer, is likely to produce 27 million tonnes of the sweetener in 2014/15, up about 2 percent from the previous estimate, a leading industry body said last Thursday.
Turmeric futures slipped on weak exports. The key May contract closed down 0.10 percent at 8,344 rupees per 100 kg.