AGL 40.22 Increased By ▲ 0.22 (0.55%)
AIRLINK 127.00 Decreased By ▼ -0.04 (-0.03%)
BOP 6.61 Decreased By ▼ -0.06 (-0.9%)
CNERGY 4.50 Decreased By ▼ -0.01 (-0.22%)
DCL 8.63 Increased By ▲ 0.08 (0.94%)
DFML 41.65 Increased By ▲ 0.21 (0.51%)
DGKC 87.00 Increased By ▲ 0.15 (0.17%)
FCCL 32.40 Increased By ▲ 0.12 (0.37%)
FFBL 65.40 Increased By ▲ 0.60 (0.93%)
FFL 10.23 Decreased By ▼ -0.02 (-0.2%)
HUBC 109.85 Increased By ▲ 0.28 (0.26%)
HUMNL 14.60 Decreased By ▼ -0.08 (-0.54%)
KEL 5.13 Increased By ▲ 0.08 (1.58%)
KOSM 7.60 Increased By ▲ 0.14 (1.88%)
MLCF 41.60 Increased By ▲ 0.22 (0.53%)
NBP 59.60 Decreased By ▼ -0.81 (-1.34%)
OGDC 194.35 Increased By ▲ 4.25 (2.24%)
PAEL 28.24 Increased By ▲ 0.41 (1.47%)
PIBTL 7.89 Increased By ▲ 0.06 (0.77%)
PPL 152.40 Increased By ▲ 2.34 (1.56%)
PRL 26.58 Decreased By ▼ -0.30 (-1.12%)
PTC 16.03 Decreased By ▼ -0.04 (-0.25%)
SEARL 82.25 Decreased By ▼ -3.75 (-4.36%)
TELE 7.48 Decreased By ▼ -0.23 (-2.98%)
TOMCL 35.42 Increased By ▲ 0.01 (0.03%)
TPLP 8.24 Increased By ▲ 0.12 (1.48%)
TREET 16.10 Decreased By ▼ -0.31 (-1.89%)
TRG 52.80 Decreased By ▼ -0.49 (-0.92%)
UNITY 26.80 Increased By ▲ 0.64 (2.45%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,945 Increased By 61.7 (0.62%)
BR30 30,926 Increased By 326.1 (1.07%)
KSE100 93,759 Increased By 403.3 (0.43%)
KSE30 29,053 Increased By 121.9 (0.42%)

Indian soyoil futures fell on Wednesday, tracking sluggish demand in the physical market and a drop in rival Malaysian palm oil futures. At 2:20 pm (0850 GMT), the October futures contract on the National Commodity and Derivatives Exchange was down 0.29 percent at 487 rupees ($12.3) per 10 kg.
The November contract fell 0.55 percent to 487.05 rupees. Traders said there was resistance in the physical market after prices rose 1.7 percent in about a week, and on hopes large new crop arrivals would push prices lower. Refined soyoil prices in the central state of Madhya Pradesh eased 0.21 percent to 47,000 rupees per tonne.
The benchmark January palm oil futures on the Bursa Malaysia Derivatives Exchange fell 1.7 percent to 2,721 ringgit ($800.3), a day after climbing to a record. Palm oil and soyoil are related commodities with similar markets and their prices often move in tandem.

Copyright Reuters, 2007

Comments

Comments are closed.