New Page 1
Domestic oilseed complex eased today tracking the weak global markets. The NCDEX RSO May delivery was up by 0.92% or Rs 7.15 at Rs 780.75 after moving in the range of Rs 782-771.20 per 10 kg.
The e-CBOT July 2012 contract is currently trading lower at 55.76, down 0.27 cents per pound. July Soybean Oil finished the last session up by 0.34 at 56.03, 0.26 off the high and 0.33 up from the low.
The BMD July 2012 CPO contract is currently quoting down at MYR 3478, down by MYR 33 per tonne over the last close. The counter moved in the range of MYR 3490-3474 per tonne.
The NCDEX RSO May delivery was quoting lower at Rs 776.50, down by Rs 4.10 or 0.54% over the last close. The contract moved in the range of Rs 778.30-774.60 per 10 kg and the open interest added 5% to 92,740 tonnes.The NCDEX RSO May delivery is likely to find support at Rs 771.10, Rs 769.50 while resistance is at Rs 782.10, Rs 784.50 per 10 kg.
Powered by Commodity Insights