Weak global cues drag soya

Updated - January 09, 2018 at 02:21 PM.

A Romanian farmer shows genetically modified soybeans in the village of Varasti (130km southeast of Bucharest) in this May 21, 2004 file picture. Romania, Europe's biggest soya grower until 1989, will ban the cultivation of genetically modified soy starting next year to harmonise with European Union norms as it gears up for entry, the Agriculture Ministry said on Friday. Picture taken May 21, 2004. REUTERS/Bogdan Cristel

Oils and oil seeds traded lower on weak global cues and decline in buying support with soya refined declining to₹712-15 for 10 kg, while soya solvent ruled at ₹680-85. Mustard seeds declined to ₹5,200-5,400 a quintal (down ₹300 from last week), while raida ruled at ₹3,500 (down ₹200). Plant deliveries were also lower at₹4,130-35 a quintal.

Published on December 14, 2017 16:18