- Ref.Soya oil trading range for the day is 748-780.
- Ref soyoil ended with gains tracking firmness in spot demand and firmness in other oilseed counters after prices dropped amid sufficient domestic stocks.
- Prices seen supported amid reports that the government may increase import duty on soyoil, sunflower oil, and canola oil by 10% each to support prices.
- The government has slashed the base import prices of crude soyoil for the second consecutive fortnight by $31 per tn to $769 per tonnes.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 745 Rupees per 10 kgs.
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