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10th March 09
((Wholesale
prices in Indian market pmt)
Ref Soya Oil - US$ 860-890 pmt
The spot prices for soya oil in indore market, the main producing region,
were same during this month but the couple of futures contract have jumped
up by 1.5-2%. The march contracts were approx. trading at US$ 884 pmt
while apr and may futures were at 876 and 872 respectively.
Soybean oil is the one of the most important edible oil used in
India.
Ref Palm Oil - US$ 700-710 pmt
Palm oil is the most imported edible oil in India. BMD(Malaysia) is the
biggest futures market in the world.
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