Ref.Soya oil trading range for the day is 649-659.Ref soyoil ended with losses tracking weakness in spot demand and on higher stockpiles in domestic market. Recently, Ministry of Commerce raised import duty on crude and refined oil to 15% and 25 % from 7.5% and 15% earlier.As per SOPA, arrivals of soybean were at 74 lakh tonnes (lt) in Oct-Jul, up from 54.5 lt a year ago, while stocks with farmers are at 30.9 lt. At the Indore spot market in Madhya Pradesh, soyoil was steady at 655.95 Rupees per 10 kgs.
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