Ref.Soya Oil Settled Up Due To Tight Stocks And Hopes Of Fresh Demand

Ref.Soya oil trading range for the day is 738-746.

Ref.Soya oil settled up due to tight stocks and hopes of fresh demand for festival and marriage seasons.

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

The export of oilmeal, dropped 78% to 58,549 tonne during the last month

At the Indore spot market in Madhya Pradesh, soyoil was steady at 761.95 Rupees per 10 kgs.

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