Ref.Soya oil trading range for the day is 718-734.
Ref soyoil ended with gains after India's weather bureau forecast lower rainfall this year which may impact sowing and harvesting.
The prices found further support from gains in overseas markets and concerns about local soyabean output.
Lower domestic soyabean crushing has sent jitters to domestic industry as soyabean oil import has gone up by 112% during November 2013 to March 2014.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 735 rupees per 10 kgs.
Ref soyoil ended with gains after India's weather bureau forecast lower rainfall this year which may impact sowing and harvesting.
The prices found further support from gains in overseas markets and concerns about local soyabean output.
Lower domestic soyabean crushing has sent jitters to domestic industry as soyabean oil import has gone up by 112% during November 2013 to March 2014.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 735 rupees per 10 kgs.
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