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Bullish trend continues in soya

Bullish trend continues in soya

Thu Jan 11 2018

 

Despite weak global cues and slack demand, bullish trend continued in soya oil with soya refined being quoted at ₹742-45 per 10 kg, while soya solvent ruled at ₹710-15. Palm oil was at ₹680, while cotton oil (Indore) ruled at ₹692-93.

 

Groundnut oil remained stable at ₹1,030-50. Mustard seeds went for ₹4,600-4,700 a quintal, while raida ruled at ₹3,300. Plant deliveries of mustard seeds for Jaipur line fetched ₹4,040-45 a quintal. Soyabean traded higher at ₹3,300 a quintal.

 

Source: Hindu business line.

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