MENU

Published on 21/09/2021 12:07:56 PM | Source: Kedia Advisory

CPO trading range for the day is 1099.4-1131.2 - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Soyabean

Soyabean trading range for the day is 5699-6365.

Soyabean prices dropped as exports of soyameal dropped by 58.93 per cent in August.

Chinese importers bought four to six bulk cargoes of Brazilian soybeans early this week for shipment in October and November

In Marathwada, there were concerns about mosaic virus, as well as infestation of pink and American bollworm.

At the Indore spot market in top producer MP, soybean dropped -1436 Rupees to 7095 Rupees per 100 kgs.

Rmseed

Rmseed trading range for the day is 8282-8640.

Mustard seed prices seen pressure after it took several measures to boost domestic supply and curb hoarding.

Statistics Canada cut its canola production estimate to a 13-year low, due to drought.

Government has increased the Mustard seed MSP from 4650.00 to 5050 i.e Rs.400 per quintal for RMS 2022-23

In Alwar spot market in Rajasthan the prices dropped -95.65 Rupees to end at 8600 Rupees per 100 kg.

Soya oil

Ref.Soya oil trading range for the day is 1283-1317.

Ref soyoil prices dropped as pressure seen tracking weakness in overseas prices due to a rapid progress in the U.S harvest season

Oilmeal exports down 4% in August: SEA

India vegetable oil imports seen shrinking for second year – SEA

At the Indore spot market in Madhya Pradesh, soyoil was steady at 1345 Rupees per 10 kgs.

Crude palm oil

CPO trading range for the day is 1092.4-1129.4

Crude palm oil dropped as higher export tax and a slowdown in September shipments so far also weighed on sentiment.

Malaysia's palm oil exports during Sept. 1-20 rose 38% to 1,089,071 tonnes from the same week in August

India cuts import taxes on vegetable oils to calm prices

In spot market, Crude palm oil dropped by -7.8 Rupees to end at 1141.3 Rupees

 

To Read Complete Report & Disclaimer Click Here

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer