Indian sugar futures rose on Wednesday on hopes that the government would soon increase the amount of the sweetner it keeps in buffer stocks, while soya oil fell in line with overseas markets. By June sugar futures on the National Commodity and Derivatives Exchange (NCDEX) were up 18 rupees at 1,245 per 100 kg, while July futures had risen from Rs 6 to 1,293. "The trade is hopeful that the cabinet will take up the issue of an increase in the sugar buffer stock limit on Thursday to help mills," a Mumbai-based dealer said. The food ministry has favoured increasing the maximum amount of sugar that can be held to 5 million tonnes from 2 million tonnes to help mills hit by falling prices. The country is likely to churn out a record 28 million tonnes of the sweetener in the year to September, up from 19.3 million tonnes last year. India consumes 19-20 million tonnes annually. "If the government clears the proposal ... it will be shot in the arm after a long spell of subdued sentiment," the dealer said. Domestic supplies had swelled after a ban imposed on sugar exports by the government last July. India lifted the restriction in January, but global prices had fallen by then. An analyst with a Mumbai-based brokerage said soyoil fell in line with Malaysian markets, where trade was bearish due to falling exports and rising supplies. The June soya oil futures on the NCDEX were down Rs 1.55 at Rs 481.50 per 10 kg, while July futures had fallen marginally by Rs 0.30 to Rs 484.60.