Wednesday, January 25, 2017

Ref.Soya oil trading range for the day is 716-722. Ref.Soyaoil settled flat as pressure seen on prices tracking weakness in spot demand and on good supplies. Moreover, the tariff value of crude soyoil was reduced by $23 per tonnes to $869 for the second fortnight of January. India's edible oil imports fell nearly 17% on year to 1.17 mt in December, according to data released by the Solvent Extractors' Association of India. At the Indore spot market in Madhya Pradesh, soyoil was steady at 726.25 rupeess per 10 kgs. 

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