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Weak demand crushes soya

Weak demand crushes soya

February 8, 2018

 

Despite improved global cues, majority of oils traded lower on weak physical demand and decline in buying support at higher rate with soya refined quoted at 732-35 for 10 kg, while soya solvent ruled at 700-705. Palm oil ruled at 635, while cotton oil (Indore) was quoted at 702-3. Similarly, groundnut oil traded lower at 990-1,010 a quintal. Mustard seeds traded lower at 4,600-4,700 , while raida ruled at 3,350. Soyabean quoted at 3,600. Plant deliveries of mustard seeds for Jaipur line quoted lower at 4,055-60.

 

Source;http://www.thehindubusinessline.com/

 

 

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