Soya rises on strong cues

Our Bureau Updated - April 09, 2018 at 10:42 PM.

Soybeans sit on display at a warehouse in the Vashi Agricultural Produce Market Committee (APMC) wholesale market in Mumbai, India, on Saturday, Dec. 13, 2014. The wholesale-price index in November didnt advance for the first time since July 2009, when it fell 0.31 percent. All of the 34 analysts in a Bloomberg survey had forecast an increase. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Despite weak physical demand, both soya oil and soyabean traded higher on strong global cues with soya refined being quoted at ₹770-75 per 10 kg, while soya solvent ruled at ₹740- 45. Amid declining arrivals, soyabean ruled higher at ₹3,850 a quintal. Weak availability of soya seeds with the crushers lifted plant deliveries to ₹3,900.

Published on April 9, 2018 14:16