Indian Chickpea futures rebounded on buying at lower levels, though ample supplies capped the upside. Chana futures are likely to extend gains as output of summer-sown pulses could be hit by poor rainfall. Chickpea or chana prices inNagpurmarket recovered strongly on renewed demand from local millers amid weak supply.

Indian Guar seed futures jumped on robust demand in major physical markets ofIndiaand on concerns that production in the next season may drop due to forecast of lower-than-normal rainfall in north-western parts of the country. Bullish trend in Guar seed spot and future prices will continue in coming days, according to traders.

Indian Soybean and Soyoil futures rose, tracking a rise in overseas palm oil prices and on concerns over production of summer-sown crops due to forecast of lower rainfall this year. Soybean and Soyoil futures are likely to extend gains as sowing of Soybean has been delayed in centralIndiaespecially in Madhya Pradesh and Vidarbh.

Indian raw Sugar exports are unlikely to pick up in the short term, as most of this year's raw sugar output has already been exported and mills have little sugar in hand for exports purpose. India is a world's top Sugar consumer, has so far exported 2.2 million tonnes of sugar since the start of the 2013-14 season on 1st of October, 2013.