Wednesday, November 12, 2014

AGRI COMMODITY NEWS UPDATE REF SOYA OIL 12 - Nov - 2014



Ref.Soya oil trading range for the day is 583-601.
Ref.Soyaoil settled up on short covering after prices dropped due to robust imports of the edible oil and weak demand
India's import surged 14.21% to 161,016 tons in Sep compared to 140,971 tons in September 2013
India's soymeal exports plunged 85% in October on weak supply, the Soybean Processors Association of India (SOPA) said.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 585.5 rupees per 10 kgs.

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