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

Ref.Soya oil trading range for the day is 725-739.

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.

According to monthly report released by SEA, Soyoil import jumped by 154.5% to 2.92 lt in March compared to 1.15 lt last year same month.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 751.35 Rupees per 10 kgs.

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