- Ref.Soya oil trading range for the day is 730-740.
- Ref.Soya prices dropped on profit booking after prices gained as stockists are active in procuring new season soy oil.
- As per monthly SEA import report, India’s vegetable oil imports fell 2.7% on year to 15 million tn in the year ended October.
- Reports of higher domestic soy oil production and good imports in coming months will keep the stocks higher.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 738.75 Rupees per 10 kgs.
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