Thursday, 9 May 2019

Ref.Soya Gained Supported By Improving Demand At The Domestic Spot Market

Ref.Soya oil trading range for the day is 722-732.

Ref.Soya gained supported by improving demand at the domestic spot market.

However, upside seen limited due to higher stocks at port and expectation of higher imports.

Government cut tariff value of crude soy oil by 18 dollar to $693 per tn for the 2nd half of April.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 744.2 Rupees per 10 kgs.

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