Last Updated : September 02, 2010 12:34
NCDEX Refined Soy Oil dips further
MUMBAI (Commodity Online): On the heels of weak global sentiments, the
Refined Soy Oil futures declined further in the domestic market Thursday. Higher output estimation has also impacted adversely on the futures.
NCDEX Refined Soy Oil September contract fell to the low of Rs 479.10, down Rs 5.40 from the last close. The counter is currently quoting at Rs 482.90, down Rs 1.60 or 0.33 percent from the last close. The open interest in the contract dipped 0.01 percent, indicating profit taking.
Malaysian CPO futures benchmark November contract is currently trading lower by MYR 2 at MYR 2533 per tonne.
As per latest crop estimates by soyabean traders, the total crop size of soyabean in the current season is likely to be around 95 lakh tonnes , up 2% from last year. This is mainly on the account of strong rainfall in Maharashtra and Madhya Pradesh.
MCX CARBON CREDITS 14 December 2012
contract was trading at
Rs 562 , down Rs. -53 . What's your view on it?
