EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 23 MAY 2017

Ref.Soya oil trading range for the day is 636-642.Ref soyoil prices ended with gains on higher demand from domestic market.Prices of oil will be up as falling imports last week spurted higher demand in domestic. India's soyoil imports during April declined by 12.42% to 304,942 tons as compared to 348,195 tons for the same period a year ago.At the Indore spot market in Madhya Pradesh, soyoil was steady at 636.7 Rupees per 10 kgs.



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