Soya drops on weak cues

Majority of oils traded lower on weak global cues and slack demand with soya refined fetching ₹765-67 for 10 kg, while soya solvent ruled at ₹735-38. Palm oil remained stable at ₹780, while cotton oil at ₹760. Groundnut oil also traded lower at ₹880-90 on poor demand. Mustard seeds in the physical market ruled stable at ₹4,000, while raida was quoted at ₹3,450 a quintal. Plant deliveries of mustard seeds for Jaipur line were quoted at ₹3,950-55.