Friday, March 31, 2017

  • Ref.Soya oil trading range for the day is 632-642. 
  • Ref soyoil prices dropped tracking weak demand from the physical market. 
  • Expectations of bumper oilseeds output and higher availability of edible oil in the country and lower base import price of soyoil is pressurizing prices 
  • However there is positive sentiments among market participants after government allowed bulk exports from the country. 
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 644.15 Rupees per 10 kgs.
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