date:Jan 30, 2013
5 per cent in the previous session.
Soyoil is in overbought region. A correction is due. Demand was weak in spot markets. Traders were postponing big purchases, said Prasoon Mathur, a senior analyst with Religare Commodities.
The actively traded soyoil contract for February delivery on India's National Commodity and Derivatives Exchange was 0.12 per cent higher at 726.2 rupees per 10 kg.
The most-active soybeans contract for February delivery was down 0.02 per cent at 3,246 rupees per 100