EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 14 JUNE 2017

Ref.Soya oil trading range for the day is 630-638.Ref soyoil prices ended with losses tracking global cues amid oversupply woes.India may export 1.5 million tons of soymeal during the 2016-17 marketing year (Oct-Sep) lower from 2 million tons.Global oilseed production changes for 2016/17 include higher soybean production in Brazil and Argentina.At the Indore spot market in Madhya Pradesh, soyoil was steady at 625.15 Rupees per 10 kgs.

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