Sunday 20 July 2014

Capital stroke NCDEX Update : SOYA OIL 21 July 2014



Ref.Soya oil trading range for the day is 667-689.
Ref soyoil gained as slow arrivals of southwest monsoon delayed sowing process of the bean in the key growing region across the country.

India soybean sowing until now at 786,000 hectare compared to 8.35 million hectare for the corresponding period a year.

Soyoil imports fell to 99,682 tons in June compared to 138,849 tons in June 2013, the data from the SEA of India.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 681.15 rupees per 10 kgs.

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