Rice bran oil: may improve - 16 June, 2016

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The stocks of rice bran in the plants have been reduced where the price is at Rs 119 / 120 per point. So Rice bran oil price in the plants is about Rs 5950 while its price in the markets is at Rs 5880.
At this price, the buying from Kanpur is seen & local demand also is good. Seeing this, the outlook is not bearish but market may improve in the coming days.

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