Indian oilseeds ended in the red on Friday after trade data showed a slump in oilmeal exports. India's exports of oilmeal plunged a record 94.3 percent in October from a year ago, as higher prices prompted key Asian buyers to switch to South American rivals offering a steep discount from Indian prices, trade data showed on Friday.
Hopes of steady soyabean arrival after the harvest and ample stocks of vegetable oils also hurt futures prices with the December soybean contract on the National Commodity and Derivatives Exchange ending down 0.84 percent at 3,997 Indian rupees ($60.68) per 100 kg. The key December rapeseed futures eased 0.10 percent to 5,007 rupees per 100 kg, even as the market keenly watches the winter sowing season. The soyaoil contract for December delivery was down 0.18 percent to 619 rupees per 10 kg at 1252 as good stocks of oil checked a rise in futures prices.