India soybean to rise on CBOT cues.

Soybean hit a one-and-half-month high on hopes that the US and China would restart stalled talks to end the trade war between the world’s two largest economies. In India, rising demand from soymeal exporters may also boost soybean prices. However, contracts of refined soyoil on the NCDEX and crude palm oil on the Multi Commodity Exchange are likely to trade lower due to lukewarm demand and adequate stocks in physical markets.