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MARKET DEVELOPMENT
Soya up on thin supplies
calendar08-01-2019 | linkThe Hindu Business Line | Share This Post:

The Hindu Business Line (07/01/2019) - Weak availability of soy seeds with the crushers and slack demand in palm oil because of intense cold, have further perked up soy oil prices in Indore mandis with soy refinedquoted at ₹752-55 for 10 kg, while soy solvent rose to ₹718-22.

Soybean seedstraded higher at ₹3,350-3,400 a quintal on weak availability, while plant deliveries of soybean quoted at ₹3.350-75 a quintal. In futures also soybean ruled higher with its January and February contracts on the NCDEX today closing at ₹3,466 and ₹3,512 . Soybean DOC ruled firm at ₹27,200-800 a quintal.

Read more at https://www.thehindubusinessline.com/markets/commodities/soya-up-on-thin-supplies/article25932893.ece