Canadian canola seed dropped down on Monday mainly due to profit taking and tracking weaker soybean on Cbot.
Canola seed futures: Nov - 452.10 down by 2.90, Jan 11 - 452.60 down by 2.70, March 11 - 450.90 down by 1.50.
Soybean futures on cbot dropped on monday mainly due to profit booking.
Cbot Soybean futures on Monday
Aug - US$ 10.08 per bushel down by 11 1/2 cents
Nov - US$ 9.72 per bushel down by 13 cents
Indian soybean dropped down on profit booking and tracking weaker cbot soybeans.
Futures prices of Indian soybean on Tuesday : Aug - US$ 428 per ton, Sep - US$ 431, Oct - US$ 430, Nov - US$ 431, Dec - US$ 434
U.S. and Argentina's soybean export prices indicatively are in the range of US$ 405-410 per ton fob.
Soybean oil import price for India stands at US$ 870 cif per ton while Crude palm oil import price is US$ 800 per ton C&f. Rbd palmolien fob price is at US$ 810 per ton fob Malaysia and CPO fob price is US$ 755 per ton fob Indonesia. |