Thursday, 10 July 2014

Capital stroke NCDEX Update : SOYA OIL 10 July 2014



Ref.Soya oil trading range for the day is 662-682.
Ref soyoil dropped as monsoon advance in more parts of the country bolstering the prospects of higher sowing.
Farmers in key oilseed growing areas across India will start planting of soybean one-week after commencement of southwest rainfall.
The oilseed sowing is around 14.49 lakh hectares down from a bumper sowing of 110.27 lakh hectares last year during the same period.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 691.15 rupees per 10 kgs

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