5/26/2016 10:40:00 AM
Ref soyoil prices dropped on anticipating supply glut in physical market on report of higher imports on vegetable oil.
India's edible oil import bill is likely to rise by 15-20 per cent this oil year (November '15-October '16).
According to Solvent Extractors Association (SEA), India imported 12.30 lakh tons of edible oil in April 2016 compared to 10.98 lakh tons in April 2015
At the Indore spot market in Madhya Pradesh, soyoil was steady at 630.75 rupees per 10 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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