Soya dips on weak demand

Our Corresponden

Indore, July 26

 

Despite strong global cues, majority of oils in Indore mandis traded lower on weak physical demand with soy refined quoted at ₹742-45 for 10 kg, while soy solvent ruled at ₹705-10. Cotton oil (Gujarat) traded lower at ₹757-60, while groundnut oil ruled firm at ₹840-60. Mustard seeds in Indore mandis rising to ₹4,200 a quintal, while raida ruled at ₹3,800. Weak availability of mustard seeds with the crushers also perked up plant deliveries of mustard seeds for Jaipur line to ₹4,320-25 . In futures also, mustard seeds traded higher with its August contract closing ₹45 higher at ₹4,171 .

Published on July 26, 2018

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