7/28/2015 11:16:00 AM
Ref soyoil prices dropped on higher supply woes following robust June imports data.
India soybean oil imports climbed 55% in June after local demand of edible oils rose due to lack of domestic crushing.
India's soyoil imports jumped to 154,090 tons in June compared to 99,682 tons for the same period a year ago.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 582.5 rupees per 10 kgs.
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