Soya oil ruled firm despite weak foreign markets, though it attracted some buying at the lower rate. In the physical market, soya refined was quoted at Rs 610-613 for 10 kg against Rs 608-613 on Saturday. Though soya solvent declined on weak global cues, it attracted buying at the lower rate. Soya solvent in the spot was quoted at Rs 575 against Rs 578 on Saturday, while in delivery it was quoted at Rs 578 for 10 kg against Rs 580 on Saturday.

Soya refined futures also traded lower on weak foreign markets. After opening at Rs 645, soya refined witnessed first cut of the month on the National Board of Trade (NBOT) in Indore at Rs 642.20. Soya refined June contract had closed at Rs 644.60 on the NBOT on Saturday. On the National Commodity and Derivatives Exchange (NCDEX) also, soya oil futures closed marginally lower with its June and July contracts ending at Rs 642.90 and Rs 645 respectively.

Soyabean ruled sluggish on lower demand at the higher rate. Nevertheless, it attracted trading at the lower rate. Soyabean prices across mandis in Madhya Pradesh were quoted Rs 10-15 down at Rs 2,200-2,260 a quintal against Rs 2,230-2,250 in Indore mandis . In the futures, however, soyabean was quoted marginally higher with its June and July contracts on the NCEDX closing at Rs 2,322 and Rs 2,350 a quintal respectively. Arrivals of soyabean in State mandis were recorded at 45,000 bags against 2,000 bags in Indore mandis . Plant deliveries in soyabean were also quoted down at Rs 2,270-2,325 a quintal.

Soya de-oiled cake continues to rule sluggish on weak export demand. It ruled at Rs 17,700 a quintal at Kandla port on Monday.

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