Monday, 19 June 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 19 JUNE 2017

Ref.Soya oil trading range for the day is 631-643.Ref soyoil ended with flat on oversupply woes following robust import data.India's soyoil imports during May spurted by 91.14% to 340,365 tons compared to 178,064 tons for the same period a year ago. Global oilseed production changes for 2016/17 include higher soybean production in Brazil and Argentina and higher peanut production in India.At the Indore spot market in Madhya Pradesh, soyoil was steady at 630.15 Rupees per 10 kgs.



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