Tuesday 24 June 2014

Capital stroke NCDEX Update : SOYA OIL 24 June 2014



Ref.Soya oil trading range for the day is 683-701.
Ref soyoil ended with gains on firm demand in the physical markets supported by a bullish international market.
Further, concerns over the production of summer-sown crops due to forecast of lower rainfall, too supported prices.
Oilmeal exports have almost halved to 153,761 tonne in May from 298,310 tonnes in the same period last year.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 702.75 rupees per 10 kgs.

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