Ref.Soya oil trading range for the day is 567-573.
Ref soyoil prices traded in the range on oversupply woes and on speculation of higher imports duty.
India's soyoil imports jumped to 349,436 tons in July, its highest since August 2001 and compared to 306,068 tons for the same period a year ago.
Oilseeds sowing rose to 16.37 million hectare from 16.08 million hectare a year ago on the back of higher acreage of soybean and sesame.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 584.25 rupees per 10 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
Ref soyoil prices traded in the range on oversupply woes and on speculation of higher imports duty.
India's soyoil imports jumped to 349,436 tons in July, its highest since August 2001 and compared to 306,068 tons for the same period a year ago.
Oilseeds sowing rose to 16.37 million hectare from 16.08 million hectare a year ago on the back of higher acreage of soybean and sesame.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 584.25 rupees per 10 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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