Friday, 7 July 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 07 JULY 2017

Ref.Soya oil trading range for the day is 644-652. Ref soyoil ended with losses tracking weakness in spot demand amid over supply worries. Government is likely to increase the import duty on edible oils by mid-July in view of the sharp fall in domestic oilseed prices. Global oilseed production changes for 2016/17 include higher soybean production in Brazil and Argentina.At the Indore spot market in Madhya Pradesh, soyoil was steady at 642.75 Rupees per 10 kgs.



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