Ref soyoil prices dropped on over supply following higher imports data.
Oilmeals exports have declined 94 per cent to 7,737 tonnes in May, due to lower availability of oilseeds and higher prices in the domestic market.
India's soyoil imports rallied 86.35% to 348,195 tons in April compared to 186,849 tons for the same period a year ago At the Indore spot market in Madhya Pradesh, soyoil was steady at 638.75 rupees per 10 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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