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Soya drops on weak cues

Soya drops on weak cues

APRIL 12 2018

 

Majority of oils traded lower on weak global cues and slack demand with soya refined fetching 765-67 for 10 kg, while soya solvent ruled at 735-38. Palm oil remained stable at 780, while cotton oil at 760. Groundnut oil also traded lower at 880-90 on poor demand. Mustard seeds in the physical market ruled stable at 4,000, while raida was quoted at 3,450 a quintal. Plant deliveries of mustard seeds for Jaipur line were quoted at 3,950-55.

 

Source:https://www.thehindubusinessline.com

Technical Research
Prices
Thursday, October 11, 2018
ExchangeCommodityContractOpenHighLowClose
MCXCrude Palm Oil - MCXOct18585.3586.1581.4585.8
NCDEXMustard SeedOct184012403340074012
CBOTSoy OilOct1828.4728.7328.4728.73
NCDEXSoy OilOct18747.5749.95747.4749.3
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