Indian soya futures rose on Wednesday amid fresh buying, taking cues from the firmness in global crude oil prices that promised higher demand for biofuels. Strong demand and falling stockpiles in the United States pushed up crude oil prices. Malaysian palm oil futures ended flat as investors grew uncertain over the implementation of palm levies in the world's No 1 producer Indonesia.
Rapeseed futures reflected the sentiment in soya futures and received support due to lower arrivals in spot markets. At 0105 GMT, the key August soyaoil contract rose 0.5 percent at 591 rupees ($9.21) per 10 kg on the National Commodity and Derivatives Exchange. August soyabean futures ended 2.1 percent higher at 3,617 rupees per 100 kg. The July rapeseed contract rose 1.2 percent to 4,185 rupees per 100 kg.