India's soybean oil prices rose and fell
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Last Update: 2001-12-26
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Source: Internet
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Author: User
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Introduction: India agricultural products network, December 25 As CBOT is closed and demand remains moderate, the domestic market of soybean oil is mixed The market remained depressed, with insufficient buying and little trading volume The price of refined soybean oil in Indore is stable at 290-291 rupees / 10kg, due to moderate demand and strong market in Malaysia Crude soybean oil is quoted at Rs 267 / 10kg Bombay refined soybean oil and crude soybean oil are quoted at Rs 293 / 10kg and RS 272 / 10kg respectively The continuous shortage of soybean oil demand will continue to increase bearish sentiment in the market Argentina and Brazil have suitable growth climate for soybean crops, and it is expected that the record high soybean production in Argentina will continue to put pressure on the market.
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