Wednesday 27 August 2014

Capital stroke NCDEX Update : SOYA OIL 27-AUG-2014


Ref.Soya oil trading range for the day is 608-626.
Ref soyoil ended with losses tracking weakness in spot demand on poor buying support at higher levels.
Pressure also seen on prices on weak export demand for soymeal and better than expected sowing in United States.
Soybean oilmeal exports dropped to 6,635 tons in July compared to 107,038 tons for the corresponding period a year earlier.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 624.25 rupees per 10 kgs.
Get more detail about NCDEX TIPS for SOYA OIL at www.capitalstroke.com/ or ✆ at 0731-3299704

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