Global cues perk up soya oil

Our Bureau Updated - February 19, 2018 at 08:57 PM.

Harvested soybeans are ready for transport on a farm in Amanda, Ohio, U.S., on Wednesday, Oct. 21, 2009. Corn fell from a four-month high and soybeans declined as a stronger dollar eroded the investment appeal of raw materials and because of sales by some investors. Photographer: Ty Wright/Bloomberg

Despite weak physical demand, improved global cues perked up soya oil prices with soya refined quoted at ₹738-40 for 10 kg, while soya solvent ruled at ₹705-8. Soyabean also traded higher at ₹3,800 a quintal amid declining arrival. Weak availability of soya seeds with the crushers also perked up soyabean’s plant deliveries here at ₹3,825 a quintal. Weak arrival also perked up soyameal prices on the spot today to ₹30,000 a quintal.

Published on February 19, 2018 15:20