Ref soyaoil trading range for the day is 716.18-724.48.
Ref Soyaoil traded with the positive node due to a rise in overseas prices and thin supplies as farmers delayed sales expecting further rise.
The import of vegetable oils during March 2013 is reported at 896,714 tons compared to 727,706 tons in March 2012
US soybean inventories on August 31 would total 125 mn bushels or 3.39 mn tons, down from 169 mn a year earlier – USDA
At the Indore spot market soyoil edged up by 5.4 rupee to 737.6 rupees 10 kgs.
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