- Ref.Soya oil trading range for the day is 632-652.
- Ref soyoil dropped on ample supplies due to increase in cheap edible oil imports coupled with weak international prices.
- As per SEA, import of soy oils during May 2017 is reported at 3.40 lt compared to 1.78 lt in May 2016 – up by 91%.
- As per the government weekly sowing data, area under soybean crop across the country for the 2017-18 kharif was at 45,500 hectares till now.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 629.65 Rupees per 10 kgs.
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