Futures contracts of soybean hit a two-week low of 3,539 rupees per 100 kg due to subdued demand from oil millers. The most-active February contract was down 1.5% from the previous close. In the past few days, soybean prices rose more than that expected in the spot market and therefore, now there is some selling pressure. Weakness in the soybean contracts on the CBOT is also seen weighing on prices.