Capital stroke NCDEX Update : REF SOYA OIL 15 MAY 2014

Refined soy oil June futures traded on a positive note on Wednesday taking cues from positive overseas soy oil markets and settled 0.27%. However, weak soybean prices capped sharp gains. CBOT Soy oil settled 0.46% higher on short coverings.

India meet 50-55 percent of its edible consumption through imports and thus rupee factor is a major determinant of edible oil prices.


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