Ref Soyoil Prices Settled Flat

Ref soyoil prices settled flat due to slack physical demand and weak global cues. However downside seen limited on reports of reintroduction of bio-diesel tax credit bill which may affect imports negatively and boost demand for domestic (the United States) soyoil supplies. The National Oilseed Processors Association said its members crushed 153.060 million bushels during March, up from 142.792 million bushels in February.

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