Wednesday, May 17, 2017


  • Ref.Soya oil trading range for the day is 626-636.
  • Ref soyoil prices ended with gains tracking firmness in spot demand despite of oversupply woes.
  • According to USDA report, the production of soyoil in 2017/18 to increase by 5.5% to 16.9 lt while consumption to improve 7.4% to 58 lt.
  • Government increases the tariff value for crude soyoil for the second half of May by $13 to $793 per tonnes.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 630 Rupees per 10 kgs.

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