The November contract of soybean settled 1.4% higher on National Commodity and Derivatives Exchange due to subdued arrivals in the wholesale markets. Arrivals of soybean in the country were estimated at 500,000 bags (1 bag = 100 kg), down from 550,000-600,000 bags. In Indore, soybean was sold at 3,225-3,250 rupees, up 50 rupees. Losses in the bellwether contracts on Chicago Board of Trade, however, restricted any sharp rise on the domestic exchange.