Downtrend in soya oil continues

The downtrend in soya oil continued in Indore mandis amid weak global cues and physical demand. A fall in palm oil prices has also added to the sluggish trend in soyabean and other oils, with soya refined here today declining to ₹820-823 for 10 kg, while soya solvent ruled at ₹765-770 for 10 kg. Soyabean also traded low at ₹4,000 a quintal on weak physical demand. Plant deliveries of soyabean were quoted at ₹3,950-4,000 a quintal.