Monday 25 March 2019

Ref Soya Oil Ended With Losses Tracking Weakness In Spot Demand

Ref.Soya oil trading range for the day is 734-742.

Ref soya oil ended with losses tracking weakness in spot demand due to higher stocks.

Government cut tariff value of crude soy oil by 24 dollar to $729 per tn for the second half of March.

Crude soy oil imports down 17.3% on year to 1.86 lakh tonnes in January 2019. For Nov-Jan period, soy oil import volume drop 17.8%.

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