Ref soyaoil trading range for the day is 680.05-705.65.
Ref Soyaoil dropped on profit booking amid weak spot demand after prices gained on robust demand due to wedding season
Global oilseed production for 2012/13 is projected at 466.8 million tons, down slightly from last month.
Moreover, strong soyameal export demand also added some gains in the soya bean market.
At the Indore spot market soyoil edged down by -0.7 rupee to 739.55 rupees 10 kgs.
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