Refined Soy Oil Futures Continue

Refined soy oil futures continue its uptrend in the current week on expectation of improving physical demand in coming months. However, there is still good domestic supplies due to cheap imports and good domestic crushing. Last week, government increases the tariff value for crude soyoil for the first half of May. Base import price of crude soyoil was increased by $10 to $780 per tonnes.

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