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India soy oil to trade higher on supply concerns

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Edible oil prices are expected to remain on higher side on concerns of bleak domestic supplies. However edible oil imports data due on Feb 15 might report higher edible oil imports and port wise stocks.


This could prevent the price rally unlike soybean. Demand for palm oil in Malaysia is forecast to increase as the prices are currently trading at the lower levels.


India is expected to import during the next two months to meet the on going marriage season demand.


Courtesy: Karvy Comtrade Ltd.


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MCX SILVER MINI 999 31 August 2012 contract was trading at Rs 57069 , up Rs. 339 . What's your view on it?
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