Ref.Soya oil trading range for the day is 728-738. Ref soyoil prices dropped on profit booking after prices gained as the government raised the duty of the crude soy oil to 30%. For the second half of November, government raised the base import price of all edible oils, with the steepest increase of $23 per tonnes in crude soyoil. NOPA said that its members crushed 164.242 million bushels of soybeans in October, up from 136.419 million bushels in September. At the Indore spot market in Madhya Pradesh, soyoil was steady at 722.75 Rupees per 10 kgs.
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