Oilseed futures seen up on global cues, crude

MUMBAI: Indian soybean and rapeseed futures are likely to open lower on Wednesday tracking firm Malaysian palm and a higher crude oil, analysts said. Soybean June futures on the National Commodity and Derivatives Exchange ended at 2,316.5 rupees per 100 kg, down 0.86 percent, in the previous session. Rapeseed July futures ended at 539.45 rupees per 20 kg, down 2.18 percent in the previous session.