EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 14 JULY 2017

Ref.Soya oil trading range for the day is 632-648. Ref soyoil ended with losses tracking weakness in spot demand amid profit booking. The prices have increase in recent weeks but lower base import prices have put pressure on prices. The base import price of crude soyoil has been cut by $9 to $803 per tonne for the first half of July. At the Indore spot market in Madhya Pradesh, soyoil was steady at 640.6 Rupees per 10 kgs.

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