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Ref soyoil dropped tracking weakness in spot despite amid robust demand in the Untied States. However, domestic edible oil in 2016/17 will be 72.8 lt, up 25.5% compared to last year. Last year, edible oil production was at 58 lt. The government has cut the base import price of soyoil by $33 per tonnes for first half of March which is the steepest cut among other edible oils. As per the Second advance estimates released by Ministry of Agriculture stated India's soybean production estimate to be around 14.125 million tons as compared to

Soyabean on NCDEX settled down -0.33% at 2980 on bumper supplies in the global markets, even though delays in Brazilian shipments capped some losses.

Menthaoil on MCX settled down -0.31% at 1042 amid muted demand in the domestic spot market.

Aluminium dropped as LME prices dropped by a percent after rise in LME Stocks for fourth consecutive day.

Nickel on MCX settled up 1.84% at 735.7 as support seen after update that the Philippines could consider banning exports of unprocessed minerals such as nickel in an effort to promote value additio

Zinc prices settled flat as pressure seen tracking LME prices slipped 0.2 percent to $2,775 a tonne as the dollar largely retained recent gains.