Ref.Soya oil trading range for the day is 585-603.
Ref soyoil dropped as prices seen under pressure due to profit after prices gained due to ongoing festive demand.
India's soyoil imports are expected to drop in 2014/15, as the world's top importer is set to harvest a bumper soybean crop.
Improved production prospects amidst lack of demand and weakness in International markets too pressurized the market sentiments
At the Indore spot market in Madhya Pradesh, soyoil was steady at 620 rupees per 10 kgs.
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