Loading…
Indian soy refined oil quoted at Rs 757-760 per 10 kg on June 20, with soy solvent at Rs 720-725, palm oil at Rs 635 and mustard seed lower. Trade described sluggish oilseed demand on weak global cues and physical demand.
Weak Indian edible oil demand reduces import appetite for soy and palm oil, which weighs on vegetable oil prices. Soy oil and palm oil prices are the key signals here.
thehindubusinessline.comOur BureauJun 20, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
