Friday 28 July 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 28 JULY 2017

Ref.Soya oil trading range for the day is 640-654. Ref soyoil ended with gains tracking firmness in spot demand on anticipation of increase in import duty. However, higher stock levels in the domestic market limited the downside. As per SEA, the import volume is down by about 30% for the period from Nov-May to 16.10 lt compared to 24.22 lt last year for same period. At the Indore spot market in Madhya Pradesh, soyoil was steady at 635 Rupees per 10 kgs.

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