Tuesday, January 24, 2017

Ref.Soya oil trading range for the day is 713-721. Ref.Soyaoil prices traded in range tracking weakness in spot demand and overseas prices on demand worries from the US. Moreover, the expectation of higher output during the current rabi season has also dragged the prices. Demand from end-consumers continues to remain as per requirement due to which uplifting from traders and stockiest is sluggish. At the Indore spot market in Madhya Pradesh, soyoil was steady at 725 rupees per 10 kgs. 

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