EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 13 JANUARY 2017

Ref.Soya oil trading range for the day is 718-728. Ref soyoil prices ended with gains on demand hope in local mandis and on supply worries. Reports of heavy rains damaging crops lent support to the prices In addition to it, availability of other edible oil is improving in domestic market and fueling weakness in oil market. At the Indore spot market in Madhya Pradesh, soyoil was steady at 728 rupees per 10 kgs.

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