Update: 10.06 PM IST
As described in the previous post, the price fall has deepened in the Indian soy oil market. The fresh weakness in the international crude oil and soy oil prices at Chicago board of Trade (CBOT) has further discouraged the bulls.
The way prices are falling, it seems that very sharp correction is waiting shortly.
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For more details please see the below mentioned posts on soy oil and WORLD VEGETABLE OILS FUNDAMENTALS FOR 2014-15.
As described in the previous post, the price fall has deepened in the Indian soy oil market. The fresh weakness in the international crude oil and soy oil prices at Chicago board of Trade (CBOT) has further discouraged the bulls.
The way prices are falling, it seems that very sharp correction is waiting shortly.
---
For more details please see the below mentioned posts on soy oil and WORLD VEGETABLE OILS FUNDAMENTALS FOR 2014-15.
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