Thursday, March 23, 2017

  • Ref.Soya oil trading range for the day is 643-657. 
  • Ref soyoil prices dropped on profit booking after price seen supported amid hopes of strong demand for festivals 
  • Pressure also seen amid higher imports of edible oil in Feb and cut in base import prices for edible oil. 
  • India imported 17 per cent more vegetable oil in February 2017 at 1,270,443 tonnes, compared to 1,082,009 tonnes. 
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 655.35 Rupees per 10 kgs.
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