A tug of war is seen in the Indian soy oil market.. on the one hand traders feel bullish sentiments should prevail in India as the very less rains are causing concerns for the new Kharif season crops which include soybean also..... on the other hand ample supply at the world level does not allow Indian market to go up....
Despite substantial fall in the soy oil at CBOT, India soy oil market is stable right now indicating that most of the traders are not bearish in the market.
Let see how market ends by tonight!
Despite substantial fall in the soy oil at CBOT, India soy oil market is stable right now indicating that most of the traders are not bearish in the market.
Let see how market ends by tonight!
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