Tuesday, January 17, 2017

Ref.Soya oil trading range for the day is 722-730. Ref.Soyaoil prices settled flat on demand hope in local mandis and on supply worries from Argentina. NOPA crushing probably rose to 163.558 million bushels from 157.711 million bushels a year earlier. India's vegetable oil imports during the first couple months of current marketing year Nov-Dec (2016-17) dropped 14% at 2.385 million tons. At the Indore spot market in Madhya Pradesh, soyoil was steady at 729.75 rupees per 10 kgs. 

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