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Soyabean

Soyabean trading range for the day is 5270-5462.

Soyabean gained on short covering after prices dropped as soyabean production is estimated to rise by 14 per cent to nearly 119 lakh tonne

China's soybean imports from Brazil in September fell 18% from a year earlier, customs data showed, as poor crush margins limited demand.

Soyabean production is estimated to rise by 14 per cent to nearly 119 lakh tonnes this year

At the Indore spot market in top producer MP, soybean gained 48 Rupees to 5502 Rupees per 100 kgs.

Soya oil

Ref.Soya oil trading range for the day is 1253-1275.

Ref soyoil prices gained as the vegetable oil market faces a significant squeeze due to lower output.

Oilseeds output is also expected to be down a tad at 23.38 mt as soyabean production was affected.

India’s Sept edible oil stocks at ports and pipelines rose 3.24 percent mom: SEA

At the Indore spot market in Madhya Pradesh, soyoil was steady at 1312.3 Rupees per 10 kgs.

CPO

CPO trading range for the day is 1117-1137.6.

Crude palm oil prices gained in recent sessions as supply constraints due to the rainy season.

Prices are seen rising as the rainy season and coronavirus-linked labour shortage are slowing output in Malaysia.

The Southern Peninsula Palm Oil Millers' Association estimated Oct. 1-15 production declined 0.2% from the month before in some parts of Malaysia.

In spot market, Crude palm oil gained by 6.7 Rupees to end at 1143.8 Rupees.

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