India Soybean, CPO gain on firm spot buying; mustard down.

Futures contracts of the most components in the edible oil basket, barring mustard, traded higher on domestic exchanges owing to firm demand in physical markets. Soybean futures on the National Commodity and Derivatives Exchange rose 0.4% due to a rise in demand by crushers ahead of the five-day Diwali holidays. Soybean prices also rose on reports that the government was likely to procure the oilseed in Maharashtra and Rajasthan to help farmers.