Ref soya oil gained supported by higher import duty, weaker rupees and improving physical demand.
SOPA said that soymeal export of India is likely to jump as much as 70% in 2018/19 from a year ago, on the back of expected purchases from China.
further said the additional demand could lift the south Asian country's soymeal exports in the new marketing season starting from October to 3 million tonnes.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 746 Rupees per 10 kgs.
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