Ref.Soya oil trading range for the day is 721-729.Ref Soyoil ended with losses tracking weakness in spot demand and overseas prices due to higher stock levels. India’s vegetable oil imports in November rose 6.2 percent from a year earlier to 1.248 million tonnes due to an increase in overseas purchases of soyoil. India's soymeal exports during November quadrupled to 248,000 tn from 61,000 tn a year ago, according to the SOPA of India. At the Indore spot market in Madhya Pradesh, soyoil was steady at 714.05 Rupees per 10 kgs.
For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664