India soybean seen weak on Malaysian palm

MUMBAI, Jan 13 (Reuters) - India soybean futures are likely to trade lower on Tuesday tracking a weak Malaysian palm, analysts said.

India, which imports a large part of its edible oil requirement, tracks international prices.

At 9.11 a.m. March futures KPOH9 on the Bursa Malaysia Derivatives Exchange were down 6.04 percent at 1,868 ringgit a tonne.

Malaysian crude palm oil futures tumbled on Tuesday, dragged down by overnight losses in soy oil and crude markets, traders said. see [ID:nKLR382649]

NCDEX February soybean NSBG9 ended at 2,182.5 rupees per 100 kg, down 0.32 percent in the previous session and February rapeseed NRSG9 ended at 519 rupees per 20 kg, down 2.19 percent. (Reporting by Sourav Mishra; Editing by Harish Nambiar)