Ref.Soya oil trading range for the day is 582-592.
Ref soyoil prices dropped on profit booking after prices seen supported on speculation of Indian government's plan to hike import duty in oil.
India soybean oil imports more than doubled in October to 218,599 tons compared to 97,023 tons for the same period a year ago.
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 585 rupees per 10 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
Ref soyoil prices dropped on profit booking after prices seen supported on speculation of Indian government's plan to hike import duty in oil.
India soybean oil imports more than doubled in October to 218,599 tons compared to 97,023 tons for the same period a year ago.
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 585 rupees per 10 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
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