Soybean prices were down by Rs 100-150 per tonne on limited demand from processing plants. Business volume was dull and the undertone was steady. Sowing has started in a few areas of central India.
Soyoil prices rose by Rs 300 per tonne on limited supply from plants and refineries. Demand was good in local market. Business was good and undertone was strong.
Soymeal prices decreased sharply in thin trading. Soymeal was down $5 per tonne in export and was down by Rs 150-200 per tonne in FOR (Free on rail) condition.
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Soymeal yellow was $290 per tonne FAS (Free alongside ship) west coast Indian ports in export.
Rapeseed extraction was also slightly down on poor export demand.
Rapeseed extraction was $108 per tonne FAS (Free Alongside Ship) in bulk for export and was Rs 3,650 per tonne in FOR (Free On Rail) condition. Business volume was dull and the undertone was easy.
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