Soya oil has been trading higher in Indore and other mandis in Madhya Pradesh on strong global cues, rise in futures and weak availability of imported and domestic oil.
Soya refined Indore (Prakash) was being quoted at ₹840 for 10 kg, soya refined (Ruchi/Vippy) ₹837, soya refined (Bajrang) ₹844, Avi ₹845, soya refined Neemuch (MS Solvex) was quoted at ₹837, soya refined (Dhanuka) ₹835, soya refined Mandsaur (Amrit) at ₹845 for 10 kg.
Soya solvent, on the other hand, rose to ₹790-95 for 10 kg. Plant deliveries were quoted lower at ₹3,750 a quintal. Amidst enthusiastic crop report and carryover stock, soyabean also traded low at ₹3,600-3,650 a quintal. Soyameal ruled at ₹31,000-32,000 a tonne on scattered domestic demand.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.