Weak arrival and improved buying lifted soya oil prices in Indore mandis with soya refined prices being quoted at Rs.600-605 for 10 kg, while soya solvent rose to Rs.585-90. Besides weak arrival, improved demand have lifted soya oil prices.

With local mandis remaining closed on Monday, soyabean prices in mandis across Madhya Pradesh were at Rs.3,140-3,200 a quintal amid arrival of 10,000 bags. Plant deliveries rose to Rs.3,300-20 a quintal (up Rs.20 from last week). Soyameal traded low on weak domestic and export demand and were traded at Rs.29,600-700 a quintal, while on the port, it was quoted at Rs.30,100.

Source :-Business Line