date:Dec 24, 2013
anuary soybean contract on the National Commodity and Derivatives Exchange was up 0.49 percent at 3,892.50 rupees ($62.64) per 100 kg, while the January soyoil jumped 0.6 percent to 700.10 rupees per 10 kg.
* Soybean supplies are falling in spot markets. Farmers are not interested in selling beans at lower levels, said Faiyaz Hudani, associate vice-president, research, at Kotak Commodity Services Ltd.
The market is keenly watching the weather in south America. Any drop in soybean output there