Refined Soya oil futures are likely to slump further on the back of weak global cues. The NCDEX RSO most active January contract ended the last day at Rs 711.80, down Rs 2.50 or 0.35% from last close.
The CBOT January Soybeans finished the last session down 19 at 1472 ¼ cents per bushel and January Soybean Oil finished down 0.07 at 51.13 cents per pound.
Refined Soya Oil drifted lower from the recent high of Rs 725.50 per 10 kg on short selling. Technically, the counter is likely to find resistance at Rs 714 and Rs 720 while supports are at Rs 709 and Rs 699 per 10 kg.
Powered by Commodity Insights
India Infoline News Service / 11:47, Dec 12, 2014
Stepping into a new life comes with a multitude of responsibilities Therefore, it is important to include your spouse in your monetary affairs at the earliest in order to be on common grounds financially.