Weak global cues and slack demand pounded soya oil and soyabean in Indore mandis with soya oil declining to ₹732-35 (down ₹20) for 10 kg on Monday, even as soya solvent dominated at ₹695- ₹700. Soyabean additionally traded low at ₹3,550-₹3,600 a quintal, whilst plant deliveries of soyabean were quoted at ₹three,625 a quintal. In the futures phase, too, soyabean traded low on weak worldwide cues and buying help with its July and August contracts at the NCDEX today ultimate at ₹three,530 a quintal (down ₹67) and ₹3,575 (down ₹57) a quintal, respectively. Soyameal become quoted at ₹30,000 a tonne on weak home call for.
Bazaarinformation team has many years of experience, covering the physical and future commodities markets with prominent commodity & equity trading advising which shines further with extensive network to get research from ground levels to generate proper reporting and movements. We are able to get evens out of odds in volatile markets and stockings. ...
