6/13/2017 01:07:00 PM
- Ref.Soya oil trading range for the day is 628-642.
- Ref soyoil ended with gains on short covering after prices dropped on higher supply.
- Soyoil's premium over palm oil at $104 per ton compared to average of $102 per tons over past year has led the demand to shift on palm oil.
- Global oilseed production changes for 2016/17 include higher soybean production in Brazil and Argentina and higher peanut production in India.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 620 Rupees per 10 kgs.
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