Ref soyoil prices dropped tracking weakness in spot demand on oversupply woes.
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.
Oilmeals exports have declined 94 per cent to 7,737 tonnes in May, due to lower availability of oilseeds.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 638 rupees per 10 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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