Thursday 9 October 2014

Capital stroke NCDEX Update : SOYA OIL 10 October 2014


Ref.Soya oil trading range for the day is 584-598.
Ref soyoil prices ended with losses tracking weakness in spot demand on rising expectations of a huge US harvest.
India's total oilmeal exports slumped 43% to 950,599 tons during April-Sep 2014 compared to 1.65 million tons for the same period year ago.
India's soybean harvest will be delayed by a month this year, pushing back new-crop soymeal shipments to Southeast Asia until November.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 615 rupees per 10 kgs

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