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Last Updated : February 23, 2012 12:10
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Buy NCDEX March soyoil above at Rs.705:Edelweiss

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Soya refined oil settled down by 0.23percent to Rs.713.50 due to profit booking despite lower oilseeds production expectation.

As per latest release from Solvent Extractors Association of India (SEA OF India), the import of vegetable oils during January 2012 is reported at 6.59 lakh tonnes compared to 7.21 tonnes in January 2011, consisting of 6.47lakh tonnes of edible oils and 0.12 lakh tonnes on non-edible oils i.e. down 8.59%.

This was mainly due to strong domestic crushing of soyabean .

BUY NCDEX SOYAOIL (MARCH) ABOVE 705 SL 700 TGT 725

R1 715 R2 720 S1 700 S2 695.

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MCX Mentha Oil 01 January 2020 contract was trading at Rs 0 . What's your view on it?
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