Thursday, 10 August 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 10 AUGUST 2017

Ref.Soya oil trading range for the day is 645-655. Ref soyoil dropped on profit booking after prices gained supported by global cues amid robust export data in United States. India's overall oilmeal exports reported an increase of 54 per cent for the April-July period at 638,468 tonnes. India's soymeal exports during July jumped multi-fold to 30,678 tons as compared to 12,270 tons in the same period a year ago. At the Indore spot market in Madhya Pradesh, soyoil was steady at 631.75 Rupees per 10 kgs.

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