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Last Updated : 15 Oct 2008 23:29:53
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Soybean, mustard oil up on global cues
2008-07-04 15:55:18
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Just like all other major commodities, oilseeds also were trading high on Friday on account of global cues and no major improvement in rainfall in the producing regions.

July contract was up 0.60 per cent to Rs 2,790 per quintal in early trade on NCDEX, while August contract of soyabean was up 0.61 per cent to Rs 2,780 per quintal.

Strong crude oil price also affected the crop and led to the uptrend in the prices Mustard seed, which is rabi crop and usually follows the price movement of soyabean, was also trading firm.

The July contract of mustard seed was up 0.6 per cent to Rs 659.50 per 20 kg, while September contract was up 0.6 per cent to Rs 688.6 per 20 kg.

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