Friday, June 2, 2017

Ref.Soya oil trading range for the day is 618-628.
Ref soyoil dropped on late profit booking after prices seen supported as there is good physical demand from the stockists.
Prices also seen supported as Government revises tariff prices higher for 1st half of June.
According to SEA, during Nov.’16 – Apr.’17, import of soy oil has been lower to 13.50 lt from 22.44 lt in the same period of last year.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 620 Rupees per 10 kgs.
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