Ref Soyoil Dropped On Profit Booking After Prices Gained

Ref.Soya oil trading range for the day is 743-765.

Ref soyoil dropped on profit booking after prices gained tracking improving physical demand against lower stocks at the ports.

Soyoil imports down 22.8% to 2.23 lt in Jun compared to 2.90 lt last year same month.

Overall, imports are down 4.80% for the first eight months of OY 2018/19 at 16.92 lt compared to last year same period.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 756.3 Rupees per 10 kgs.

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