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Soyabean

Soyabean trading range for the day is 4587-4677.

Soyabean gained as prices seen supported following improved demand from and US crop damage

Arrival of new season crop has started, however the pace of arrival is slower than expected.

Brazilian soybean harvest at slowest pace in a decade on incessant rains

At the Indore spot market in top producer MP, soybean gained 32 Rupees to 4715 Rupees per 100 kgs.

Rmseed

Rmseed trading range for the day is 5612-6008.

Mustard prices ended with gains as mustard crop is delayed due to cold over northern India.

Mustard production expected to reach new record level

Mustard production area of the Rabi season has reached a height of 73.94 lakh hectare

In Alwar spot market in Rajasthan the prices gained 52.15 Rupees to end at 6474.25 Rupees per 100 kg.

Ref.Soya oil

Ref.Soya oil trading range for the day is 1092-1114.

Ref soyoil settled flat as amid higher demand for edible oils amid winter season and lower imports of Soybean oil in the recent months.

Government of India, lowered basic import duty on soybean oil to 15% from 35%.

Export of Oilmeals Doubled in December 2020

At the Indore spot market in Madhya Pradesh, soyoil was steady at 1104.55 Rupees per 10 kgs.

CPO

CPO trading range for the day is 960.7-994.9.

Crude palm oil gains tracking rise in Malaysian palm oil as traders anticipated further inventory declines in January.

Indonesia's 2020 palm oil exports down 9% – palm oil association

Palm prices have risen in the past year due to a supply crunch in Malaysia brought about by poor weather and infrastructure issues.

In spot market, Crude palm oil gained by 12.3 Rupees to end at 979.2 Rupees.

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