National News Detail

Strong global cues lift soy oil Our Correspondent T+ T- Indore, December 10 Despite slack physical demand, strong global cues lifted soy oil with soy refined prices in Indore mandis here on Monday

Strong global cues lift soy oil rnOur Correspondent rnT+ T-rnrnIndore, December 10 rnDespite slack physical demand, strong global cues lifted soy oil with soy refined prices in Indore mandis here on Monday at ₹735-738 for 10 kg, while soy solvent rose to ₹700-705. Amid weak demand in soy oil and soy DOC, soyabean prices in the physical market ruled stable at ₹3,300 a quintal. Plant deliveries of soyabean were quoted at ₹3,325. In futures, soybean traded marginally higher on strong global cues with its December and January contracts on the NCEDX closing the day at ₹3,825 and ₹3,775, respectively. Amid weak domestic demand, Soy DOC ruled steady at ₹25,500 a tonne.