MARKET DEVELOPMENT
Uptrend Continues in Soya
Uptrend Continues in Soya
25/11/2016 (Hindu Business Line) - Uptrend continued in majority of oils in Indore mandis on strong global cues and improved buying support with soya refined rising to ₹705-10, while soya solvent rose to ₹675-80.
Palm oil was being quoted at ₹650, while cotton oil (Gujarat) declined to ₹640 on slack buying. Mustard seeds ruled firm at ₹4,200-50 a quintal on weak arrival, while raida quoted at ₹4,100-50.
Plant deliveries of mustard seeds for Jaipur line too were higher at ₹4,825-30 on weak availability of mustard seeds with crushers.