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National Commodity

India soybean, soyoil rise on weak rupee; rapeseed down

By Imaduddin Tuesday, 06 November 2012 MUMBAI: Indian soybean and soyoil futures edged higher on Tuesday, supported by a weak rupee and a rise in the US soybean prices, while rapeseed eased on an expected rise in the output. Malaysian palm oil futures were down 0.71 percent at 2,394 ringgit per tonne at 0817 GMT and US soybeans rose 1.03 percent to $15.19-3/4 per bushel. The December soybean contract on India's National Commodity and Derivatives Exchange was up 0.25 percent at…

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