Ref.Soya Oil
*Ref.Soya oil trading range for the day is 726-732.
*Ref soyoil prices dropped on profit booking tracking weakness in spot demand.
*The government raised the duty of the crude soy oil to 30% from 17.5% to support domestic oilseed industry and farmers.
*For the first half of December, government cut the base import price of soy oil, by $18 per tonnes.
*At the Indore spot market in Madhya Pradesh, soyoil was steady at 717.1 Rupees per 10 kgs.
Crude Palm Oil (CPO)
*CPO trading range for the day is 558-564.
*Crude palm oil prices dropped tracking weakness in spot demand and overseas prices on weak export demand.
*Malaysian palm oil inventories rose to their highest in nearly two years in November, data from a government body showed.
*Crude palm oil prices in spot market dropped by 1.60 rupees and settled at 565.00 rupees.
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*CPO trading range for the day is 558-564.
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