Thursday, 25 May 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 25 MAY 2017

Ref.Soya oil trading range for the day is 628-636.Ref soyoil prices ended with losses tracking weakness in spot demand and on profit booking from higher levels.According to SEA, during Nov.’16 – Apr.’17, import of soy oil has been lower to 13.50 lt from 22.44 lt in the same period of last year.India's oilseeds industry body has cut its soymeal export forecast by 25% from its previous outlook.At the Indore spot market in Madhya Pradesh, soyoil was steady at 633.35 Rupees per 10 kgs.

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