- Ref.Soya oil trading range for the day is 721-739.
- Ref.Soya gained tracking firmness in spot demand amid reports of good seasonal demand in physical markets and lack of selling.
- However, upside seen limited due to higher stocks at port, expectation of higher imports due to low tariff value and stronger rupees.
- In a fortnightly notification, Government cut tariff value of crude soy oil by 18 dollar to $711 per tn for the first half of April.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 750 Rupees per 10 kgs.
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