Commodities

Weak cues dip soya oil

Our Correspondent Indore | Updated on September 05, 2019 Published on September 05, 2019

Baring groundnut and palm oil, the majority of oils traded low on weak global cues and physical demand with soya refined being quoted at ₹748-50 for 10 kg, while soy solvent ruled at ₹715-720. Palm oil was quoted at ₹675 and cotton oil (Gujarat) at 742, while groundnut oil ruled at ₹1,150-70 for 10 kg. In futures, mustard seeds were quoted lower with its September and October contracts on the NCDEX closing today at ₹3,887 and ₹3,967a quintal respectively. Plant deliveries of mustard seeds for Jaipur line today were also quoted lower at ₹4,160-65 a quintal.

Published on September 05, 2019
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.