Ref.Soya oil trading range for the day is 572-584.
Ref soyoil dropped on profit booking after prices seen supported due to lower-than expected supplies because of delayed sowing.
Soybean oil imports surged 14.21% to 161,016 tons in Sep compared to 140,971 tons in September 2013.
USDA cut 2014-15 US soybean ending stockpiles to 450 million bushels for October compared to estimates of 475 million bushels a month ago.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 600 rupees per 10 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
Ref soyoil dropped on profit booking after prices seen supported due to lower-than expected supplies because of delayed sowing.
Soybean oil imports surged 14.21% to 161,016 tons in Sep compared to 140,971 tons in September 2013.
USDA cut 2014-15 US soybean ending stockpiles to 450 million bushels for October compared to estimates of 475 million bushels a month ago.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 600 rupees per 10 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
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