Refined Soy Oil Futures Closed

Refined soy oil futures closed higher on Tuesday , due to pickup in demand for edible oil in domestic market. The most active Ref Soy oil Oct’16 ex piry contract closed higher 0.30% to settle at Rs. 652 .2/10 kg . The surge in price indicat es 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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