12/01/2015 11:26:00 AM
Ref soyoil gains amid short covering however upside was limited on subdued demand Indian soymeal following weak export data.
India soybean oil imports climbed 85.35% in October after local demand of edible oils rose due to lack of domestic crushing.
India soymeal exports in the month of October dropped 85.42% from a year earlier on higher prices of the soybean in the local market.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 616.3 rupees per 10 kgs. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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