Last Updated : February 14, 2012 13:50
India soy oil to trade lower on rising supply concerns
Edible oil prices might remain on lower side for today owing to sufficient supplies in domestic markets.
Edible oil imports data due on Feb 15 might report higher edible oil imports and port wise stocks. India is expected to import during next two months to meet on going marriage season demand.
Season for higher imports of edible oil might keep the prices under pressure. However palm oil prices might increase on reviving export demand in Malaysia.
Courtesy: Karvy Comtrade Ltd.
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MCX Copper 29 June 2012
contract was trading at
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