Refined Soy Oil Futures Continue

Refined soy oil futures continue to trade sideways to lower due to steady demand and sufficient stocks in pipeline. Ref Soy oil Aug’16 expiry closed 0.09% down to settle at Rs. 633.4/ 10 kg. Refine soyoil continue its range bound to lower movement since last week due to steady demand in the physical market. Government revised down the tariff value for Crude Soy Oil to 765$ /tonne against 800$ earlier.

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