Soybean down in Indore on sluggish demand, CBOT cues

Soybean prices in Indore fell because demand was sluggish as prices have risen after the government raised import duty on palm oil and refined bleached deodorized palmolein. Weakness in soybean contracts on CBOT also weighed on domestic prices. The most-active April contract on NCDEX was down 35 rupees.