Ref.Soya
oil trading range for the day is 719-737. Ref.Soyaoil prices ended with
gains on demand hope in local mandis and on supply worries from
Argentina. The prevailing supply concerns in Argentina due to weather
uncertainty pushed up prices. 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 731.6 rupees per 10 kgs.
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