Monday, 5 June 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 05 JUNE 2017

Ref.Soya oil trading range for the day is 613-627.Ref soyoil prices ended with losses tracking weakness in soyabean prices and weak demand.India's soyoil imports during the month of May is expected to rise to around 330,000 tons compared to 304,942 tons in April.Soyoil's premium over palm oil at $104 per ton compared to average of $102 per tons over past year has led the demand to shift on palm oil.At the Indore spot market in Madhya Pradesh, soyoil was steady at 620 Rupees per 10 kgs.

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