Bullish international cues carry oils

Bullish international cues carry oils

by admin- Friday, December 14th, 2018 07:29:05 AM

Despite susceptible demand, maximum of the oils at the mandis in Indore had been buying and selling higher on improved global cues. Soya refined quoted at ₹740-42 for 10 kg, while soya solvent ruled at ₹705-708. Similarly, palm, cotton and groundnut oils also traded better on strong worldwide cues with palm oil rising to ₹640 for 10 kg (up ₹10 from final week), even as cotton oil (Gujarat) dominated at ₹675-eighty. Groundnut oil additionally traded better at ₹1,000-1,010 for 10 kg. Sluggish call for in mustard oil and meal dragged mustard seeds to ₹four,a hundred and fifty a quintal, whilst raida dominated at ₹3,six hundred. Had been quoted higher at ₹4,200-four,205 a quintal on vulnerable availability of seeds with the crushers.

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