Thursday 31 July 2014

Capital stroke NCDEX Update : SOYA OIL 1 August 2014



Ref.Soya oil trading range for the day is 665-673.
Ref soyoil ended with small losses with good sowing progress in the country and overall bearishness in the global markets due to ample supplies.

As per the latest date, the oilseed sowing is around 38.07 lakh hectares compared to 149.82 lakh hectares.
Low demand and steady supplies in mandis have been noted.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 681.4 rupees per 10 kgs.

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