 "Indian oilseeds fall to multi-year lows on supply")
Indian soybean and rapeseed futures extended their losses on Monday due to low demand and ample stockpiles.
Indian soybean one-month futures fell to their lowest in over 5 years, while rapeseed futures fell to over 2-year lows.
Soybean futures closed 2.2 percent lower at 2,700 rupees ($41.84) on the National Commodities and Derivatives Exchange, while the June rapeseed contract closed 1.7 per cent lower at 3,512 rupees per 100 kg.
June soya oil futures were down 0.9 per cent at 616.50 rupees as of 1305 GMT.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app