Ref.Soya oil trading range for the day is 653-669.
Ref soyoil prices rallied tracking higher soybean price as the stocks estimate were lower than market expectation.
Soybeans stored in all positions on March 1, 2016 totalled 1.53 billion bushels, up 15% from March 1, 2015.
Country's vegetable oils import rose by 28% to 11.10 lakh tonnes last month due to higher shipments of refined plamolein on low global prices.
At the Indore spot market in Madhya Pradesh, soyaoil was steady at 645 rupees per 10 kgs.
For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Ref soyoil prices rallied tracking higher soybean price as the stocks estimate were lower than market expectation.
Soybeans stored in all positions on March 1, 2016 totalled 1.53 billion bushels, up 15% from March 1, 2015.
Country's vegetable oils import rose by 28% to 11.10 lakh tonnes last month due to higher shipments of refined plamolein on low global prices.
At the Indore spot market in Madhya Pradesh, soyaoil was steady at 645 rupees per 10 kgs.
For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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