Tuesday 4 July 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 04 JULY 2017

Ref.Soya oil trading range for the day is 643-651. Ref soyoil ended with gains tracking firmness in spot demand and soyabean prices amid weak sowing data and lower arrivals in the local mandis. India's oilseeds industry body has cut its soymeal export forecast by 25% from its previous outlook. India's government is facing mounting pressure to raise import duties on edible oils after farmers staged mass protests in key farm states.At the Indore spot market in Madhya Pradesh, soyoil was steady at 641.95 Rupees per 10 kgs.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664

No comments: