EPIC AGRI COMMODITY UPDATE:REF SOYA OIL
Posted: Tue Jan 07, 2014 11:09 pm
Ref.Soya oil trading range for the day is 667-681.Ref soyoil ended with losses following losses in the overseas markets and as export demand for soymeal from India was weak.Indian soya prices are under selling pressure due to reports of lower export demand for higher priced soymeal.India's soymeal exports fell 10.32 percent to 451,314 tonnes in December from a month ago as higher premiums hit overseas sales.