Ref.Soya oil trading range for the day is 566-576.
Ref.Soyaoil settled up by 0.7% at 571.65 as demand in retail markets showed moderate improvement amid bullish cues from US markets.
Prices had bounced back from strong support levels despite bearish demand-supply report given by the USDA.
However, higher veg oil import in July and sufficient stocks with the stockists may be negative for prices.
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.Soyaoil settled up by 0.7% at 571.65 as demand in retail markets showed moderate improvement amid bullish cues from US markets.
Prices had bounced back from strong support levels despite bearish demand-supply report given by the USDA.
However, higher veg oil import in July and sufficient stocks with the stockists may be negative for prices.
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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