India oilseeds, soyoil drop on strong rupee, global cues
date:Jan 14, 2014
bruary soybean contract was lower 1.12 percent at 3,611 rupees ($58.29) per 100 kg on the National Commodity and Derivatives Exchange, after falling to 3,592 rupees earlier in the day, the lowest since Oct. 22, 2013.

* Soymeal exports demand is very weak and the appreciation in the rupee making it difficult to sign new deals, said an Indore-based oil miller.

* India's soymeal exports fell 10.32 percent to 451,314 tonnes in December from a month ago.

* The February soyoil contract fell 0.60 pe
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