Wednesday 25 June 2014

Capital stroke NCDEX Update : SOYA OIL 26 June 2014



Ref.Soya oil trading range for the day is 692-702.
Ref soyoil ended with losses due to subdued demand from local buyers and lacklustre soymeal exports.
Prices also seen under pressure on weak global as on weak US soybean export sale data indicating good crop quality rating.
India soybean meal exports dropped to 8,226 tons in May compared to 96,492 tons in May 2013.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 704.1 rupees per 10 kgs.

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