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Soyabean

Soyabean trading range for the day is 4649-4779.

Soyabean gained as prices seen supported following improved demand from and US crop damage

Arrival of new season crop has started, however the pace of arrival is slower than expected.

Brazilian soybean harvest at slowest pace in a decade on incessant rains

At the Indore spot market in top producer MP, soybean gained 32 Rupees to 4827 Rupees per 100 kgs.

Rmseed

Rmseed trading range for the day is 5068-5248.

Mustard seed prices gained as crop is delayed due to cold over northern India.

New mustard arrivals will start in Uttar Pradesh's mandis.

Production area of the Rabi season has reached a height of 73.94 lakh hectare

In Alwar spot market in Rajasthan the prices gained 52.15 Rupees to end at 6500 Rupees per 100 kg.

Ref.Soya oil

Ref.Soya oil trading range for the day is 1102-1122.

Ref soyoil prices gained as amid higher demand for edible oils amid winter season and lower imports of Soybean oil in the recent months.

Government of India, lowered basic import duty on soybean oil to 15% from 35%.

Export of Oilmeals Doubled in December 2020

At the Indore spot market in Madhya Pradesh, soyoil was steady at 1115 Rupees per 10 kgs.

CPO

CPO trading range for the day is 980.9-1013.5.

Crude palm oil rose supported by expectations of weak January stocks and lower production.

Malaysia end-Jan palm oil stocks seen rebounding as exports, output plunge

Investors are now eyeing official January supply and demand data, as well as February 1-10 export data, scheduled to be released on Wednesday.

In spot market, Crude palm oil gained by 8.9 Rupees to end at 995.2 Rupees.

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