MUMBAI, May 11 (Reuters) - Indian soyoil futures dropped on Tuesday on subdued spot demand coupled with the weakness in Malaysian palm oil, analysts said. Rapeseed and soybean futures also fell anticipating higher availability of oilseeds in the world market. "Market is expecting USDA to release bearish data later in the day. Soybean demand was also weak in the physical market," said Vinita Advani, an analyst with Ventura Commodities Pvt Ltd. The U.S. Department of Agriculture's May World Agriculture Supply and Demand Estimates (WASDE) report, to be released later on Tuesday, is likely to show ample world supplies of corn as well as wheat and soybeans. See [ID:nSGE64A04M] The June soybean contract NSBM0 on the National Commodity and Derivatives Exchange ended down 0.96 percent at 1,961 rupees per 100 kg, while the June soyoil contract NSOM0 fell 0.71 percent to 449.55 rupees per 10 kg. At the Indore spot market in top producer Madhya Pradesh, soybean edged lower by 12 rupees to 1,961 rupees, and soyoil fell by 2 rupees to 447.05 rupees. Malaysia palm oil futures fell to the lowest in nearly three weeks on Tuesday on a stronger ringgit and slow demand that prompted investors to unwind positions, but expectations of low inventories offered support to prices. See [ID:nJAK366099] The June rapeseed contract NRSM0 finished 0.60 percent lower at 501.1 rupees per 20 kg. In the Jaipur spot market in Rajasthan, the top rapeseed producing state, the price edged down by 0.95 rupee to 492.30 rupees per 20 kg. 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 Ramya Venugopal)

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