Ref soyaoil trading range for the day is 694.2-707.2.
Ref soyoil ended with gains on strong spot demand from processors ahead of Ramadan.
Edible oil processors are building up stocks ahead of Ramadan, when communal feasting typically drives up consumption.
The import of vegetable oils during April 2013 is reported at 654,827 tons compared to 925,334 tons in April 2012
At the Indore spot market soyoil edged down by -0.85 rupee to 725.3 rupees 10 kgs.
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Ref soyoil ended with gains on strong spot demand from processors ahead of Ramadan.
Edible oil processors are building up stocks ahead of Ramadan, when communal feasting typically drives up consumption.
The import of vegetable oils during April 2013 is reported at 654,827 tons compared to 925,334 tons in April 2012
At the Indore spot market soyoil edged down by -0.85 rupee to 725.3 rupees 10 kgs.
GET FREE
MCX TIPS , EQUITY TIPS, COMMODITY TIPS FREE TRIAL , NCDEX TIPS , AGRI COMMODITY TIPS , SHARE MARKET TIPS, STOCK MARKET TIPS, Intraday Stock Tips, CLICK HERE FOR FREE TRIAL
GET FREE TRIAL +91 731 6642300
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