MUMBAI, Jan 6 (Reuters): Indian soybean edged up on Monday on good export demand for soymeal, while a rise in US soybean futures also aided sentiment.
Rapeseed futures, however, fell on profit-taking.
The February soybean contract edged up 0.03 per cent to 3,482 rupees per 100 kg on the National Commodity and Derivatives Exchange.
The key January rapeseed contract ended down 2.41 per cent at 4,136 rupees per 100 kg.
At 1250 GMT, the key February soyoil contract was up 0.09 per cent at 642.40 rupees per 10 kg.
Indian guar seed futures rose on slack local supply and worries of lower production due to unfavourable weather conditions.
Guar futures are expected to open higher on Tuesday.
The February contract ended 1.92 per cent higher at 4,678 rupees per 100 kg. Jeera, or cumin seed, futures rose because of concerns about lower production after farmers reduced the area under cultivation. The key February contract ended 0.93 per cent higher at 15,775 rupees per 100 kg.
Cumin seed futures are likely to trade firm in the short term on lower sowing area.
Indian sugar futures rose on hopes of government incentives for raw sugar exports. The key March contract was quoted 0.40 per cent higher at 2,745 rupees per 100 kg.
Sugar futures may open up on Tuesday but higher production may weigh on sentiment.
Indian sugar mills produced 7.5 million tonnes of the sweetener between Oct. 1 and Dec. 31, over 27 per cent more than a year earlier as crushing in the northern state of Uttar Pradesh started a week in advance, a producers' body said on Monday.
Indian chana, or chickpea, futures fell on sluggish demand but may edge up on Tuesday due to lower area under cultivation.
The February contract ended down 0.42 per cent at 3,529 rupees per 100 kg.
