Monday, 14 July 2014

Capital stroke NCDEX Update : SOYA OIL 15 July 2014



Ref.Soya oil trading range for the day is 658-676.
Ref soyoil ended with losses as rains in major growing areas of the country and US data weighed on prices.
Farmers in key oilseed growing areas across India will start planting soybean one-week after commencement of rainfall.
Prices also fell on expectation of weak global demand after robust output forecast and stockpiles in US.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 681 rupees per 10 kgs.

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