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Soyabean

Soyabean trading range for the day is 5280-5724.

Soyabean prices dropped as India's soybean production is estimated to be 10 million tonnes as compared to last year's 8.9 million tonnes.

Pressure also seen following a U.S. government report that showed larger-than-expected soybean inventory.

New season soybean has started arriving in the mandis and bulk buyers are cautious for aggressive buying before the arrival pressure builds up.

At the Indore spot market in top producer MP, soybean gained 132 Rupees to 5558 Rupees per 100 kgs.

Rmseed

Rmseed trading range for the day is 8166-8556.

Mustard seed prices dropped as the arrival of mustard has increased across the country.

The purchase of crushing plants has slowed down due to the new arrival of soybean in the mandis.

Import of edible oil has increased due to reduction in duty, which has also put pressure on mustard.

In Alwar spot market in Rajasthan the prices gained 141.6 Rupees to end at 8673 Rupees per 100 kg

Ref.Soya oil

Ref.Soya oil trading range for the day is 1304-1346

Ref soyoil prices dropped as import of edible oil has increased due to reduction in duty, which creating pressure on prices.

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 1337.05 Rupees per 10 kgs.

Crude palm oil

CPO trading range for the day is 1108.4-1146.

Crude palm oil dropped as India's palm oil imports in September more than doubled from a year ago

India's palm oil imports in Sept to a record 1.4 mln T

The Southern Peninsular Palm Oil Millers' Association said production in their member states in Malaysia rose 0.5%

In spot market, Crude palm oil gained by 0.6 Rupees to end at 1148.8 Rupees.

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