Monday, 12 June 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 12 JUNE 2017

Ref.Soya oil trading range for the day is 625-639.Ref soyoil settled flat as government have not taken any decision on edible oil duty hike. Government increases the tariff value for crude soyoil for the first half of May by $18 to $811 per tonne. Sowing of oilseeds in the kharif season in the country was up 43.2% on year at 79,400 ha as on now, data released by the farm ministry showed. At the Indore spot market in Madhya Pradesh, soyoil was steady at 620 Rupees per 10 kgs.

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