* Ref soyoil dropped tracking weakness in spot demand on hopes of good sowing progress in coming weeks.
* Pressure also seen due to lower tariff value and higher stock positions in the country.
* Stocks of edible oil in ports and pipeline are estimated at 2.518 million tons as on July 1 compared to 2.278 million tons a year ago.
* At the Indore spot market in Madhya Pradesh, soyoil was steady at 744.85 Rupees per 10 kgs.
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