Commodities

Improved buying lifts soya oil

Our Correspondent Indore | Updated on January 16, 2018 Published on December 29, 2016

Despite weak global cues, improved buying has lifted prices of majority of oils in Indore mandis with soya refined being quoted at ₹725-28. Similarly, soya solvent ruled at to ₹690-95. Cotton oil ruled higher at ₹690 on weak availability, palm oil at ₹675, while groundnut oil quoted at ₹1,030-50. Mustard seeds in the physical market declining to ₹4,000 a quintal, while raida ruled at ₹3,800. Plant deliveries of mustard were quoted higher at ₹4,515-20. Similarly in futures mustard seeds traded lower with its January and February contracts on the NCDEX closing at ₹3,023 and ₹3,074 respectively.

Published on December 29, 2016
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