Ref.Soya oil trading range for the day is 1365-1421 - Kedia Advisory
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/05/2097eb115390fa464832a31b4f034f5b.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Soyabean
Soyabean trading range for the day is 6656-7192.
Soyabean prices remained under pressure as USDA report showed Soybean production in the world is likely to increase by 6%
China's April soybean imports from Brazil surge from previous month
Brazil's Abiove sees 2021 soybean exports at record 85.6 million tns
At the Indore spot market in top producer MP, soybean dropped -307 Rupees to 7312 Rupees per 100 kgs.
Rmseed
Rmseed trading range for the day is 6834-7098.
Mustard seed prices dropped as after U.S. rapeseed production is forecast to reach a record 1.8 million tons
Pressure also seen as Canada rapeseed production is projected at 20.5 million tons, up 1.5 million on greater area.
European Union rapeseed production is projected to show a modest gain in 2021/22 on increased planted area and improved yield
In Alwar spot market in Rajasthan the prices gained 105 Rupees to end at 7325 Rupees per 100 kg.
Ref.Soya oil
Ref.Soya oil trading range for the day is 1365-1421.
Ref soyoil prices dropped as higher soybean output could limit edible oil imports.
Indian farmers are likely to expand their soybean planting area by more than a tenth in 2021
Global oilseed production is forecast to grow 5 percent in 2021/22, primarily on growth in soybean output in the United States and South America.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 1443.2 Rupees per 10 kgs.
CPO
CPO trading range for the day is 1181-1255.
Crude palm oil dropped hit by demand and lockdown concerns in Malaysia.
However downside seen limited as Malaysia's palm exports during May 1-20 rose 16% month-on-month.
Malaysia has kept its May export tax for crude palm oil at 8% but raised the reference pricev
In spot market, Crude palm oil dropped by -17.7 Rupees to end at 1232.5 Rupees.
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Top News
![](https://portfolio.investmentguruindia.com/uploads/news/US Firm Waters Corporation.jpg)
US firm Waters Corporation opens Global Capability Center in Bengaluru with $16 mn investment
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/aecd4f4a5e886b873aa68500d027acd0.jpg)
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/04/6ea81fc5aa4488befb646ef8c6309d8c.jpg)
Jeera trading range for the day is 14300-14810 - Kedia Advisory
![Buy Copper Above 730 SL Below 725 TGT 736/740 - Axis Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/9cd4bc4137b7177bc96f6e547ff408db.jpg)
![MCX Gold Apr futures technical chart has taken the formation of `Rising wedge` pattern in daily time frame - Enrich Financial Solution](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/02/3dd69a4a9f34ab65bee271d6e507b7bf.jpg)
![Gold has traded all time high and is looking positive so buy on dips near 62000 for tgt of 62650 - Tradebulls Securities](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities Ltd.jpg)