Thursday, 11 May 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 11 MAY 2017

Ref.Soya oil trading range for the day is 622-632. Ref soyoil prices ended with losses tracking weakness in spot demand and global cues. India’s oilmeals exports for April 2017 increased 19 per cent to 135,474 tonnes as compared to 113,978 tonnes in the corresponding month last year. India's soymeal exports in April spurted multi folds as compared to same period a year ago on lower prices in the global market. At the Indore spot market in Madhya Pradesh, soyoil was steady at 629.05 Rupees per 10 kgs.

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