Thursday, August 28, 2014

AGRI COMMODITY NEWS UPDATE REF SOYA OIL 28 - AUG -2014


Ref.Soya oil trading range for the day is 612-630.
Ref soyoil ended with gains as support seen tracking firmness in spot demand amid short covering and lower sowing in Madhya Pradesh.
India's soy exports slumped to 93,000 ton during Apr-Jul from 518,000 ton a year ago due to uncertain soybean crop prospects.
The oilseeds area has increased to 168.28 lakh ha compared to 183.31 lakh ha of last year.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 626.35 rupees per 10 kgsVisit Here
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