Thursday 6 July 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 06 JULY 2017

Ref.Soya oil trading range for the day is 646-656.Ref soyoil prices traded in range tracking weakness in spot demand despite of anticipation of increase in import duty.There is an anticipation of good domestic demand of edible oil during the monsoon season.Base import prices of edible oils are revised every fortnight, based on global prices and changes in foreign exchange rate.At the Indore spot market in Madhya Pradesh, soyoil was steady at 642 Rupees per 10 kgs.

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