Futures contracts of all components in the edible oil basket rose on domestic exchanges. The October contract of soybean on the National Commodity & Derivatives Exchange settled 1.5% higher today in line with strength in the bellwether contracts on the Chicago Board of Trade. Soybean contracts on the American bourse rose due to fears that heavy showers in the US Midwest, the largest soybean growing region, may hit the standing crop and slow down the harvesting pace. Back in India, improved demand from the solvent plants also contributed to the bullish sentiment. In key Indore market, soybean prices rose by 50 rupees to 3,200 rupees per 100 kg. Refined soyoil on the NCDEX and crude palm oil on the MCX also traded 0.5% and 1.0% higher, respectively, due to a rise in purchases ahead of festivals.