MUMBAI, March 17 (Reuters) - India's soybean futures extended the previous session's gains on Wednesday as weak arrivals buoyed the market tailing U.S. gains, analysts said. Soyoil also rose tracking Malaysian palm oil, while rapeseed climbed on good spot demand from millers, they added. U.S. soybean futures rose for the third straight session on Wednesday as the dollar continued to ease and traders worried about supplies from Brazil where logistic problems have slowed shipments. See [ID:nSGE62G058] Malaysian crude palm oil futures ended up 1 percent on Wednesday on a technical rebound, after the market hit one-month lows the previous day, but a stronger ringgit curbed gains. See [ID:nSGE62G06C] The April soybean contract NSBJ0 on the National Commodity and Derivatives Exchange ended up 1.05 percent at 1,981.5 rupees per 100 kg, while the April soyoil NSOJ0 finished 0.33 percent higher at 458.3 rupees per 10 kg. In Indore spot market in Madhya Pradesh, the price of soybean rose by 18 rupees to 2,029 rupees. The April rapeseed NRSJ0 ended 1.66 percent up to 486.2 rupees per 20 kg, primarily on spot demand from millers. In Jaipur, a key spot market in top producer Rajasthan, rapeseed prices rose by 8.65 rupees to 495.1 rupees. But many analysts, like Vinita Advani of Ventura Commodities, say rapeseed is overbought and should correct due to rising arrivals and higher production estimate. India's rapeseed output in 2010 is expected to rise marginally to 6.3 million tonnes on good weather conditions, higher than initial industry estimates, a leading trade body said on Friday. See [ID:nSGE62B0GQ] India's oilmeal exports in February slumped 26 percent from a year earlier, falling for the fourth straight month on weak demand from Vietnam, China, Indonesia and Japan, a trade body said. See [ID:nSGE6230KK] (Reporting by Rajendra Jadhav; Editing by Ramya Venugopal)

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