MUMBAI, April 27 (Reuters) - Indian soybean futures eased on Tuesday as demand remained poor in physical market amid weakness in overseas markets, analysts said. Soyoil futures were trading lower due to tepid spot demand, though recovery in Malaysian palm oil limited the downside, they said. Rapeseed was down on higher arrivals in physical market. U.S. soybean futures eased on Monday, while Malaysian palm oil futures KPOc3 were trading 0.59 percent higher at 1:41 p.m. "Millers are not buying due to lower crushing margin. Market is anticipating improvement in arrivals and demand in coming weeks," said Vinita Advani, an analyst with Ventura Commodities Pvt Ltd. At 1:43 p.m., the May soybean contract NSBK0 on the National Commodity and Derivatives Exchange was down 0.22 percent at 2,027.5 rupees per 100 kg, while May soyoil contract NSOK0 was 0.45 percent down at 452.40 rupees per 10 kg. In the Indore spot market in top producer Madhya Pradesh, soybean price was steady at 2,000 rupees, and soyoil edged lower by 0.70 rupee to 447.35 rupees. The May rapeseed contract NRSK0 fell 0.74 percent to 503.90 rupees per 20 kg. In the Jaipur spot market in top producing Rajasthan state, the price fell by 3.35 rupees to 495.75 rupees per 20 kg. India's March oilmeal exports slumped 34 percent from a year earlier, falling for the fifth straight month, due to weak demand from Vietnam, Japan, South Korea, Indonesia, Thailand and China, a trade body said. See [ID:nSGE6340AB] (Reporting by Rajendra Jadhav; Editing by Prem Udayabhanu)

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