Friday 9 June 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 09 JUNE 2017

Ref.Soya oil trading range for the day is 628-638. Ref soyoil prices ended with gains tracking firmness in spot demand.Prices also seen supported on reports that Solvent Extractors Association of India demands immediate hike in edible oil import duty . Prices of oilseeds have fallen to a five-year low and oilseeds are being sold below the minimum support price in wholesale markets. At the Indore spot market in Madhya Pradesh, soyoil was steady at 620 Rupees per 10 kgs.

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