Ref.Soya oil trading range for the day is 724-740.
* Ref.Soya gained on short covering after prices dropped amid lower than expected demand in physical market.
* Government cut tariff value of crude soy oil by 24 dollar to $729 per tn for the second half of March.
* Soy oil import jumped by 64.7% to 2.20 lt in February compared to 1.34 lt last year same month
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