Monday, 9 June 2014

Capital stroke NCDEX Update : SOYA OIL 10 June 2014


Ref.Soya oil trading range for the day is 652-672.
Ref soyoil ended with gains tracking firmness in spot demand and soybean prices amid short covering.
Oilmeal exports have almost halved to 153,761 tonne in May from 298,310 tonnes in the same period last year.
The drop was largely due to a sharp spike in soyabean prices, leading to a delay in crushing, and lower availability of oilmeal for exports.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 686.65 rupees per 10 kgs.

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