Ref.Soya oil trading range for the day is 689-701.
Ref soyoil ended with gains as prices seen supported after India's weather bureau forecast lower rainfall this year which may impact sowing.
Prices were also supported on speculation that the USDA may cut United States soybean stockpiles estimates triggering supply fear.
The government has cut the base import price of soy oil to $980/tn from $985/tn.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 725.6 rupees per 10 kgs.For more details visit: http://www.capitalstroke.com/ or contact on
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