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Soya solvent gains, refined oil drops.

Business Line

| December 30, 2011 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

Byline: Our Correspondent

Soya solvent oil gained a little on Thursday at Rs 653-658 for 10 kg on scattered buying, including spot buying by Adani group, while there was no demand for it in delivery markets.

Soya refined declined to Rs 685-690 for 10 kg in absence of buying support at the higher price. Resellers sold soya refined at Rs 683-685 for 10 kg. In the futures market, soya oil witnessed mixed trend. While January contracts of soya refined closed 40 paise higher at Rs 722.30 for 10 kg on the National Board of Trade, its January and February contacts were down 10 paise at Rs 721.90 and Rs 2.15 at Rs 717.95 on the …

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