Ref soyoil prices ended with losses tracking weakness in soyabean prices amid due to oversupply following higher imports data.
India soybean oil imports two fold high in November after local demand of edible oils rose due to lack of domestic crushing.
India's soyoil imports surged to 216,836 tons in November compared to 121,097 tons for the same period a year ago, data released by the SEA of India showed.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 635 rupees per 10 kgs. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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