Bullish trend in soya

Our Correspondent Indore | Updated on December 23, 2019 Published on December 23, 2019

Bullish trend in soya oil and soyabean continued on strong foreign support with soya refined in Indore mandis rising to ₹905-907 for 10 kg (up ₹40 from last week), while soya solvent ruled at ₹855-860. Uptrend in soyabean seeds continued on weak availability of quality seeds with its prices rising to ₹4,400 a quintal. Plant deliveries of soyabean were quoted higher at ₹4,350-4,400 a quintal. In futures, soyabean traded higher with its January and February contracts on the NCEDX closing at ₹4,416 and ₹4,442 a quintal respectively. Soya meal ruled at ₹33,000 a tonne.

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Published on December 23, 2019
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