India soybean, soyoil down tracking weak CBOT

MUMBAI, May 11 (Reuters) - Indian soybean and soyoil futures fell on early Monday tracking weakness on Chicago Board of Trade (CBOT) and as traders await a U.S. Department of Agriculture report on soybean demand and supply on Tuesday, analysts said.

However, firm Malaysian palm oil limited the losses, they added.

At 10:32 a.m, the June soybean contract NSBM9 on the National Commodity and Derivatives Exchange fell 0.86 percent to 2,715 rupees per 100 kg.

The June soyoil contract NSOM9 was at 510.65 rupees per 10 kg, down 0.29 percent.

July soybean futures SN9 and July soyoil futures BON9 were down during the electronic trade on CBOT.

At 10:00 a.m. the benchmark July palm oil futures KPOc3 on Bursa Malaysia Derivatives Exchange rose 2.16 percent to 2,743 ringgit a tonne.

Soyoil, an edible oil, is used as a substitute for palm oil. Their prices often move in tandem. (Reporting by Abhishek Shanker; Editing by Prem Udayabhanu)