Global cues lift soya oil

Majority of oils in Indore mandis traded higher on improved global cues and physical demand with soya refined being quoted at ₹732-36, while soy solvent ruled at ₹700-705. Cotton oil ruled higher at ₹695 on weak availability, while palm oil and groundnut oil ruled at ₹680 and ₹1,040-60 respectively. Amid slack physical demand and rise in sowing area of mustard crop in the country this year, both mustard seeds and raida traded lower with mustard seeds at ₹3,900, while raida ruled at ₹3,700. Plant deliveries were stable at ₹4,430-35 a quintal.