Soyabean Processor Association of India (SOPA) on Thursday came out against government?s decision to ban futures trading of soya oil saying that it would not impact inflation. A senior official with SOPA said that the price of soya oil is decided by the demand and supply scenario as the country imports more than 50% of 11 million tonne domestic edible oil consumption.
Soya oil futures ban will not impact inflation
Soyabean Processor Association of India on Thursday came out against government?s decision to ban futures trading of soya oil saying that it would not impact inflation.
Written by Commodities Bureau
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This article was first uploaded on May nine, twenty eight, at fifty-seven minutes past eleven in the night.