Wednesday 22 June 2016

EPIC RESEARCH NCDEX REF. SOYA OIL UPDATE OF 22 JUNE 2016

Ref.Soya oil trading range for the day is 639-651. Ref soyoil prices ended with losses on over supply following higher imports data. Prices also seen under pressure due to sufficient supplies in the physical market and weak physical demand. According to USDA soy oil stocks as of May 31 stood at 1.994 billion lbs. At the Indore spot market in Madhya Pradesh, soyoil was steady at 640 rupees per 10 kgs.
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