Ref.Soya oil trading range for the day is 717-727.
Ref.Soya oil gained on short covering after prices dropped due to higher stocks at port, expectation of higher imports due to low tariff value.
Further upside also seen limited due to bumper production outlook of soybean for India.
According to NOPA, members are expected to crush 3.3 % higher Soybean to 158.73 million bushel in February 2019.
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