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Friday, 30 May 2014

Capital stroke NCDEX Update : REF SOYA OIL 30 MAY 2014

Ref.Soya oil trading range for the day is 676-688.
Ref soyoil ended with gains on fear of delay in soybean sowing in the India after reports of weak southwest rainfall.
Reports of Govt thinking of measures to control Food Inflation kept further pressure on the prices
In domestic market, low availability of good quality seeds for sowing too could support the market sentiments.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 688.5 rupees per 10 kgs.

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