MUMBAI (Commodity Online): The NCDEX Soya complex rebounded on firm global markets. The NCDEX RSO July contract ended the session higher by Rs 3 at Rs 632.55 after moving in the range of Rs 634.60-628.70 per 10 kg.
MCX CPO futures for the July settlement ended the day lower at Rs 475.20, down by Rs 0.40 per 10 kg. The contract moved in the range of Rs 480.30-Rs 473.10 levels during the trading session.
Crude palm oil futures on Malaysia's derivatives exchange recouped some losses after a sharp selloff Tuesday on the back of technical buying and expectations of higher export demand in June.
The benchmark September CPO contract on the Bursa Malaysia Derivatives ended 0.7% higher at MYR3, 063 a metric ton after the contract fell to an intraday low of MYR3,038/ton Monday, its lowest level since Oct. 28.
Prices also rose in tandem with Chicago soyoil during Asian hours amid optimism that Greece's parliament will pass a key vote on austerity measures.
