Ref.Soya oil settled up 0.69% at 659.85 tracking firmness in spot demand on low supplies in domestic markets. The global supplies are on the rise coupled with good sowing progress reports in US also weighed on prices. Some sources also feel seed demand before sowing is the reason behind the gains. India soybean oilmeal exports in the month of May plunged 92% compared to a year ago on higher prices of the oilseed.
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