9/06/2018 01:22:00 PM
- Ref.Soya oil trading range for the day is 742-756.
- Ref soyoil dropped on profit booking after prices gained amid improving demand in physical markets and weakening of rupee.
- Fears of further decline in imports during August also had a positive impact on prices.
- Weakening of rupee will increase the landed cost of imported soyoil though lower rate of tariff may cap the hike.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 749 Rupees per 10 kgs.
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