Ref.Soya oil trading range for the day is 743-749.Ref soyoil ended with losses tracking weakness in spot demand after prices gained when government increase the import duty of all edible oils. The government raised the duty of the crude soy oil to 30% from 17.5% to support domestic oilseed industry and farmers. 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. At the Indore spot market in Madhya Pradesh, soyoil was steady at 722.6 Rupees per 10 kgs.
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