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from BUSINESS LINE, February 11, 2011 Indore, Feb. 10 - After high gains on positive global cues on Wednesday, soya oil ruled firm on Thursday despite weak Malaysian palm oil futures. In direct sale, soya refined in the spot market quoted at Rs 610-612 for 10 kg, while in the resale it was quoted at Rs 606-608 for the next two days.
Trading in soya refined on Thursday was weak due to poor domestic demand with total volume of trading barely touching 700 tonnes as compared to 2,000-2,500 tonnes on Wednesday.
Soya solvent gains On the other hand, soya solvent gained marginally higher at Rs 585-590 for 10 kg with comparatively better demand. In the morning session, soya …