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CBOT Updates: Soybean Meal, Soy Oil slumps weak demand

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CHICAGO (Commodity Online): Soy-product futures backpedal from Tuesday's gains in unison with soybeans, booking profits after recent gains in Soymeal and soyoil.


Sharp declines in crude-oil futures fuel further losses in soyoil. CBOT December soyoil ends down 1.4% at 57.06c/pound while Soymeal drops 1% to $361.60/short ton.


Courtesy: CME Group

MCX Light Sweet Crude Oil 19 June 2012 contract was trading at Rs 5241 , up Rs. 233 . What's your view on it?
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