Ref.Soya oil trading range for the day is 576-590.
Ref soyoil ended with losses on oversupply woes following robust imports data.
India soybean oil imports more than doubled in May after local demand of edible oils rose due to lack of domestic crushing.
According to the USDA, India’s soya oil imports have increased from 2.00 million tonnes to 2.225 million tonnes for 2014/15.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 610 rupees per 10 kgs.
For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
Ref soyoil ended with losses on oversupply woes following robust imports data.
India soybean oil imports more than doubled in May after local demand of edible oils rose due to lack of domestic crushing.
According to the USDA, India’s soya oil imports have increased from 2.00 million tonnes to 2.225 million tonnes for 2014/15.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 610 rupees per 10 kgs.
For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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