8/21/2015 12:37:00 PM
Ref soyoil prices ended with gains on short covering after prices dropped on over supply following higher imports data.
India’s vegetable oil import is likely to set a new record at 14 million tonnes (mt) this year, on lower availability from domestic sources.
Last month, the import jumped 35 per cent to 1.5 mt, the highest monthly figure, from 1.11 mt in the same month last year.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 583.05 rupees per 10 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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