Soyaoil futures jumped to a 10-week high, while the soyabean contract rose to its highest level in nearly six weeks, supported by a plunge in the rupee to a record low. The key September soyaoil contract was up 1.9% at R719.80 per 10 kg, after rising to R722.70 earlier in the day, the highest since June 18.
Quick view: Soyaoil hits 10-week high on weak rupee
Soyaoil futures jumped to a 10-week high, while the soyabean contract rose to its highest level in nearly six weeks, supported by a plunge in the rupee to a record low.
This article was first uploaded on August twenty-nine, twenty thirteen, at fifty-five minutes past one in the night.