The downtrend in soy oil continued amid weak global cues and physical demand with soy refined declining to ₹740-42 for 10 kg, while soy solvent ruled at ₹705-10. Weak demand in soy oil and soy DOC dragged soybean to ₹ 3,700, while plant deliveries of soybean were quoted at ₹3,750 a quintal. In the futures segment, however, soybean quoted higher with its May and June contracts on the NCDEX closing at ₹3,634 and ₹3,684 . Soy DOC traded low at ₹30,500 a tonne on weak domestic demand.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.