Mixed trend in soya

Our Correspondent Indore. October 12 | Updated on January 08, 2018

Barring soy oil, majority of oils in Indore mandis today traded marginally higher on improved global cues and physical demand with palm oil today being quoted at ₹650 (₹648 last week), cotton oil at ₹615 (₹610 last week), while groundnut oil ruled at ₹880-900 ( ₹870-900 last week). On the other hand sluggish trend continued in soy oil on slack festive demand with soy refined today being ₹655-57 for 10 kg, while soy solvent ruled at ₹620-25. Amid improved buying support and demand in mustard oil, mustard seeds traded higher at ₹4,400-4,500 a quintal, while raida ruled at ₹3,400. Soybean ruled stable at ₹2,850 a quintal . Plant deliveries of mustard seeds for Jaipur line here today were quoted higher at Rs ₹3,910-15 a quintal (₹3,895-3,900 last week) on improved demand in mustard oil.

Published on October 12, 2017

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