Wednesday, 24 May 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 24 MAY 2017

Ref.Soya oil trading range for the day is 633-641. Ref soyoil prices ended with losses as market participants are concerned over higher global production. Adequate availability of imported soyoil in domestic markets also put pressure on prices. India's soyoil import during the month of May is expected to rise to around 330,000 tons compared to 304,942 tons in April.At the Indore spot market in Madhya Pradesh, soyoil was steady at 635.95 Rupees per 10 kgs.

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