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Soyabean

Soyabean trading range for the day is 4524-4734.

Soyabean prices dropped amid worry over slim demand from poultry after the bird flu outbreak.

SEA said that poultry consumes about 5 million tonnes of soya every year.

China's soybean imports hit a record high in 2020, after crushers ramped up purchases amid improved margins and healthy demand

At the Indore spot market in top producer MP, soybean gained 32 Rupees to 4697 Rupees per 100 kgs.

Rmseed

Rmseed trading range for the day is 5502-5702.

Mustard seed dropped as year on year, the planted area of mustard has increased by 6.7 percent approximately.

The latest Government data shows that the planted area in Mustard has so far reached 73.25 Lakh hectares

India’s 2020-21 mustard crop may touch 100 lakh ton-level due to higher sowing and conducive weather. Sowing

In Alwar spot market in Rajasthan the prices gained 52.15 Rupees to end at 6213.65 Rupees per 100 kg.

Ref.Soya oil

Ref.Soya oil trading range for the day is 1064-1138.

Ref soyoil dropped on profit booking after prices gained amid supply concerns due to poor weather conditions in Latin America and strong demand from China.

The sowing of oilseed crops has increased to 81.80 lakh hectares in the current Rabi whereas till this time last year, it was sown only in 77.79 lakh hectares

NOPA members, which handle about 95% of all soybeans processed in US, were estimated to have crushed a near-record 185.175 mln bushels

At the Indore spot market in Madhya Pradesh, soyoil was steady at 1105 Rupees per 10 kgs.

CPO

CPO trading range for the day is 919.1-1024.9.

Crude palm oil prices gained on better-than-expected December data and higher tariffs on Indonesian crude palm exports

India slashed the base import price of crude palm oil by $36 to $1,013 per tonne, the government said in a statement.

Malaysia's Jan palm oil exports fall 37.2 pct – ITS

In spot market, Crude palm oil gained by 13.8 Rupees to end at 955.3 Rupees.

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