Soya oil remained unchanged even as festival demand slid and trading remained sluggish.

Traders remained uninterested as Chicago Board of Trade came out with negative projections for oil and seeds and Malaysian palm oil futures declined. Selling by stockists and plant operators also checked demand, traders said.There was hardly any demand for soya refined even at Rs 633 for 10 kg.

In the resale market, soya refined witnessed scattered buying at Rs 632 for 10 kg. On Wednesday also, soya refined witnessed sluggish trading at Rs 633-34 for 10 kg on increased selling and falling soya-oil prices in international markets.

Trading in soya solvent also declined to Rs 598-602 for 10 kg against Rs 602-606 on Wednesday on weak buying. Sluggish trading and weak foreign markets also dragged soya oil futures. August contract of soya refined on National Board of Trade closed lower at Rs 651.70 for 10 kg, after opening at Rs 655 in the morning. August and September contracts of soya oil traded lower on the National Commodity and Derivatives Exchange at Rs 666 and Rs 650.20, after opening at Rs 667.50 and Rs 654.60 in the morning.

Soyabean also ruled flat on slack buying. In the local mandis, soyabean ruled at Rs 2,270-2,290 a quintal, though a few plants quoted soyabean as high as Rs 2,320 a quintal. In State ex Ujjain mandis, soyabean ruled at Rs 2,300-2,340, while in Ujjain mandis, they were quoted at Rs 2,280-2,320 a quintal. Arrivals of soyabean in Madhya Pradesh ex Ujjain and Indore was recorded at 25,000 bags against 1,200 bags in Indore mandis and 2,000 bags in Ujjain mandis.

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