Ref.Soya oil trading range for the day is 590-614.
Ref soyoil ended with losses tracking weakness in spot demand amid profit booking after prices gained in last few sessions.
Indian government's plans to hike import duty on both crude and refined vegetable oils by more than 5%.
India's soyoil imports are expected to drop in 2014/15, as the world's top importer is set to harvest a bumper soybean crop.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 608.8 rupees per 10 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
Ref soyoil ended with losses tracking weakness in spot demand amid profit booking after prices gained in last few sessions.
Indian government's plans to hike import duty on both crude and refined vegetable oils by more than 5%.
India's soyoil imports are expected to drop in 2014/15, as the world's top importer is set to harvest a bumper soybean crop.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 608.8 rupees per 10 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
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