Tuesday 15 July 2014

Capital stroke NCDEX Update : SOYA OIL 16 July 2014



Ref.Soya oil trading range for the day is 653-679.
Ref soyoil ended with losses due to ample supply in the domestic markets coupled with limited offtake.
The soy oil remained under pressure due to excess supplies from imports.
The supplies have dried off with concerns of weak monsoon impacting the sowing progress.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 678.65 rupees per 10 kgs.

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