Ref Soyoil News - Ripples Advisory Pvt Ltd

Ref soyoil ended with losses amid adequate supplies of edible oil including soyoil in the domestic market. As per NOPA its members crushed 149.246 million bushels during May 17, the second busiest May on record.India may export 1.5 million tons of soymeal lower from 2 million tons expected in the beginning of the season. At the Indore spot market in Madhya Pradesh, soyoil was steady at 629.7 Rupees per 10 kgs.

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