MUMBAI, May 13 (Reuters) - Indian soyoil futures fell on Thursday afternoon on sluggish demand in the physical market and a drop in Malaysian palm oil, analysts said. Soybean futures were steady as firmness in the U.S. market offset a drop in meal exports. Rapeseed also traded in a narrow range as an expected drop in output offset poor spot demand. Lower rapeseed output will support entire oilseed complex in short term, said Alimuhammad Lakdawala, analyst at Anand Rathi Commodities Ltd. Rapeseed harvest in India, the world's top edible oils buyer, is likely to be 6.59 million tonnes, down from the estimated 7.43 million in February and the actual production of 7.2 million tonnes last year, official data showed. See [ID:nSGE64B0AP] At 2:21 p.m., the June rapeseed contract NRSM0 on the National Commodity and Derivatives Exchange was 0.30 percent lower at 502.70 rupees per 20 kg. In the Jaipur spot market in Rajasthan, the top rapeseed producing state, the price nudged up by 0.10 rupee to 492.60 rupees per 20 kg. The June soybean contract NSBM0 was down 0.03 percent at 1,962 rupees per 100 kg, while the June soyoil contract NSOM0 fell 0.51 percent to 447.3 rupees per 10 kg. Malaysia palm oil futures fell to fresh three-week lows on Thursday as a stronger ringgit against the dollar weighed on market sentiment and prompted players to unwind some positions. See [ID:nSGE64C079] At the Indore spot market in top producer Madhya Pradesh, soybean was steady at 1,959 rupees, and soyoil edged down by 0.90 rupee to 446.65 rupees. India's April oilmeal exports slumped 14.35 percent from a year earlier, falling for the sixth straight month, on low domestic crushing and as a strengthening rupee weakened demand from Vietnam and China, a trade body said. See [ID:nSGE6440BT] (Reporting by Rajendra Jadhav; Editing by Sunil Nair)

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