Ref Soyoil Settled Flat On Hopes Of Higher Demand For Biodiesel

Ref.Soya oil trading range for the day is 753-761.

Ref soyoil settled flat on hopes of higher demand for biodiesel.

Also prediction of rains in Maharashtra during the next two days aided the uptrend.

India’s September edible oil stocks at ports and pipelines fell 11.75 percent m-o-m to 18.02 lakh tons from 20.42 lakh tons in August 2019.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 753.75 Rupees per 10 kgs.

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