Refined Soy Oil Closed Higher On Good Demand



Refined soy oil closed higher on good demand for edible oil in domestic market. The most active Ref Soy oil Oct’16 expiry contract closed higher 0.84% to settle at Rs. 670.8/10 kg. The surge in price indicates the expectation of physical demand in coming weeks coupled as government might try to increase import tax on refine edible oil.

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