Ref.Soya oil trading range for the day is 594-608.
Ref soyoil prices ended with losses on weak global cues, physical demand and slack buying support in soya meal.
Moreover, reports on more than two fold increase in soyoil imports in Nov compared to last year data capped further rise.
Import of soybean oil rose more than twofold to 2, 61,338 tonnes in November from 1, 21,097 tonnes in the year-ago period.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 619 rupees per 10 kgs.
For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
Ref soyoil prices ended with losses on weak global cues, physical demand and slack buying support in soya meal.
Moreover, reports on more than two fold increase in soyoil imports in Nov compared to last year data capped further rise.
Import of soybean oil rose more than twofold to 2, 61,338 tonnes in November from 1, 21,097 tonnes in the year-ago period.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 619 rupees per 10 kgs.
For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co
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