|
Feb 6 2007 10:17AM
Soy-oil futures down on dull demand
Mumbai, Feb 06 - Soy-oil contracts declined across various domestic exchanges Tuesday on dull demand and sluggish CPO.Buying interest is still thin andthe sluggish trend is likely to continue fornear-term in domestic trade, a player commented.April CPO contract on BMD ended down by MYR 18 at MYR 1,934/tonne in the midday's tradeas participants tookprofits from recent gains.March '07 soy-oil contract on NBOT traded lower by Rs. 1.40 at Rs. 461.00 per 10 kg.Same month contract onMCX traded down by Rs. 1.50 at Rs. 460.85 per 10 kg., while Feb'07 contract on NCDEX traded lower by Rs. 1.55 at Rs. 451.65 per 10 kg. as on 10:15 hrs IST.
|