Thursday, 4 May 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 04 MAY 2017

Ref.Soya oil trading range for the day is 607-619.Ref soyoil ended with losses on profit booking after prices gained earlier on demand hope and higher tariff value.Government hiked base import price of soyoil by $10 to $780 per tons for the first half of the May, easing higher stockpiles situation.India 2016-17 oilseed including kharif and rabi output expected to rise by 32% on increasing acreages and yield.At the Indore spot market in Madhya Pradesh, soyoil was steady at 615.9 Rupees per 10 kgs.


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