Friday 5 February 2016

EPIC RESEARCH NCDEX REF. SOYA OIL UPDATE OF 05 FEBRUARY 2016

Ref.Soya oil trading range for the day is 612-624.
Ref soyoil prices ended with gains as demand from the traders and stockists supported prices.
Prices of oil were up on higher consumption demand for soyoil in winter season as CPO solidify in cold weather.
However, sharp gain in the oil prices were capped by oversupply woes following robust imports data.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 606.7 rupees per 10 kgs.
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