Ref soyoil dropped as pressure seen due to higher stock levels in the country and reduce base import prices.
For the first fortnight of July, the base import price of crude soyoil has been cut to $750 per tn from $752 per tn by the govt.
India's vegetable oil imports declined 7% on year to 1.3 mln tn, according to data released by the Solvent Extractors' Association of India.
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