Thursday, September 04, 2014

AGRI COMMODITY NEWS UPDATE REF SOYA OIL 04 - SEP - 2014


Ref.Soya oil trading range for the day is 553-567.
Ref soyoil ended with gains due to good demand in spot markets due to festivals.
The oilseeds area has increased to 172.21 lakh ha compared to 186.70 lakh ha of last year.
Oil World estimates U.S. soybean production at 103.85 million tons in 2014-15, in line with USDA’s forecast and 13 percent bigger than a year earlier.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 617.65 rupees per 10 kgs.Visit Here
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