Malaysia CPO ends flat as weak CBOT soy offsets gains
Ram Gopal Yadav (7 years ago)

Futures contracts of crude palm oil on the Bursa Malaysia Derivatives settled largely unchanged as gains due to a weak ringgit against the dollar were offset by weakness in soyoil contracts on CBOT. The most-active May contract of crude palm oil on the Malaysian bourse settled at 2,542 ringgits (42,186.83 rupees) per tn, up 2 ringgits from the previous close.

CBOT soy hits 1-yr high on Argentina dry weather woes
Ram Gopal Yadav (7 years ago)

The May contract of soybean on the CBOT hit a one-year high of $10.5950 per bushel on Monday because of lingering concerns of dry weather in Argentina, which may result in lower crop in the country. The contract, however, ended slightly lower because of profit booking at $10.46 a bushel, down 1.50 cents.

Mustard prices fall in Rajasthan on higher arrivals
Ram Gopal Yadav (7 years ago)

Prices of mustard seed in Jaipur fell due to higher arrivals in Rajasthan. Expectation of likely increase in the arrivals of the oilseed after Holi and a better yield are also seen weighing on the prices. The most active April futures of mustard on the NCDEX fell 20 rupees.

Soybean up in Indore on lower arrivals, CBOT cues
Ram Gopal Yadav (7 years ago)

Prices of soybean in Indore were marginally up because of lower arrivals and gains in the global market. CBOT May soybean hit a one-year high of $10.5950 a bushel on Monday due to worries of persistent dry weather in Argentina, the largest exporter of soymeal and soyoil. India is one of the largest importer of soyoil from Argentina. The most active March contract on NCDEX was up 0.6%.