date:Oct 13, 2012
n half its needs of around 17 million tonnes a year from overseas. It uses mostly palm oil in unrefined form from Malaysia and Indonesia, the world's top producers.
The November soybean contract fell 2.49 percent to 3,158 rupees per 100 kg, while rapeseed dropped 1.46 percent to 4,046 rupees per 100 kg.
The top rapeseed producing north-western Rajasthan state received good rainfall in September, raising soil moisture required for rapeseed sowing, dealers said.
At the Indore spot market in Mad