Thursday, March 9, 2017

Ref.Soya oil trading range for the day is 642-660.
Ref soyoil ended with losses amid subdued demand from oil crushers and higher supply in global market. However, market participants expected demand in spot market to rise in coming days on account of holi festivals.   India's agriculture department in second advance estimates pegged 2016-17 soybean crops at 14.125 mln tns as compared to 8.570 mln tns. At the Indore spot market in Madhya Pradesh, soyoil was steady at 664.7 Rupees per 10 kgs.
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