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Sluggish trend continues in soya

Sluggish trend continues in soya

JUNE 11 2018


Sluggish trend continued in the soya complex at the mandis in Indore on weak global cues. Soya refined was being quoted at 740-42 for 10 kg (down 5), while soya solvent ruled at 705-10 (down 5). Soyabean too traded lower at 3,400-3,450 a quintalBesides poor demand, onset of rains and sowing in Maharashtra have also dragged the prices down, said Sanjay Agrawal, a soyabean trader. Plant deliveries of soyabean were also lower at 3,450-75 a quintal (down 100). Soyameal ruled at 31,500-32,000 a quintal.



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