12/15/2015 01:24:00 PM
Ref.Soyaoil settled flat paring its gains seen earlier due to robust demand tracking firmness in International markets.
The slower pace of rabi sowing also induce more purchases of soyoil to meet any demand discrepancies in future.
According to United States Department of Agriculture, India’s 2015/16 soy oil imports are estimated at 3.35 MMT in its December estimate.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 636.35 rupees per 10 kgs.
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