EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 27 April 2017

Ref.Soya oil trading range for the day is 608-618.Ref soyoil prices gained on short covering after prices dropped amid higher supply in global market.As per SEA data, soy oil imports for March down more that 28.5% Y/Y to 2.3 lt and down 8.7 lt m/m.A monthly report showed that U.S. processors crushed fewer soybeans than expected during March.At the Indore spot market in Madhya Pradesh, soyoil was steady at 614.15 Rupees per 10 kgs.

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