Commodities

Soya oil up on improved local demand

Indore | Updated on May 11, 2020 Published on May 11, 2020

Improved domestic demand perked up soya oil in Indore and adjoining mandis here today with soy refined (Ruchi) being quoted at ₹812, soya refined (Avi) at ₹805, soya refined Neemuch (Dhanuka) at ₹797, Kalapipal (Ambika) at ₹810 and soya refined Pachor (MS) ruled at ₹803 for 10 kg respectively.

Soya solvent also traded higher at ₹760-65 for 10 kg. Improved demand in oil and weak availability of soya seeds with the crushers because of rains and thunderstorms lifted plant deliveries of soybean to ₹4,025-50 a quintal. Soya DOC, on the other hand, ruled stable at ₹31,500 a tonne on weak domestic demand.

Published on May 11, 2020
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