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01-01-1970 12:00 AM | Source: Kedia Advisory
Ref.Soya oil trading range for the day is 1296-1324 - Kedia Advisory
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Soyabean

Soyabean trading range for the day is 5812-6018.

Soyabean dropped amid new crop arrivals and the commencement of soymeal imports.

Latur Agriculture Produce Market Committee (APMC), reported arrivals of 15,000 quintals

Soyabean damaged on 8 lakh ha; crop health poor in 13% of planted area, says SOPA

At the Indore spot market in top producer MP, soybean dropped -156 Rupees to 6144 Rupees per 100 kgs

Rmseed

Rmseed trading range for the day is 8286-8564.

Mustard seed prices seen supported due to deficient stocks and peak consumption season.

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 -77.25 Rupees to end at 8741.25 Rupees per 100 kg.

Ref.Soya oil

Ref.Soya oil trading range for the day is 1296-1324.

Ref soyoil pared gains profit booking after seen supported as oilseeds output is also expected to be down a tad at 23.38 mt

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

U.S. August soybean oil stock seen at 1.668 billion pounds: NOPA

At the Indore spot market in Madhya Pradesh, soyoil was steady at 1333 Rupees per 10 kgs.

Crude palm oil

CPO trading range for the day is 1102.1-1126.7.

Crude palm oil prices seen supported underpinned by signs of slowing production and a recovery in rival soyoil prices.

Southern Peninsula Palm Oil Millers' Association estimated Malaysia's production during Sept. 1-20 fell 4.5% from the same period in August.

Malaysia’s September 1-20 palm oil exports shoots up

In spot market, Crude palm oil gained by 2 Rupees to end at 1138.5 Rupees

 

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