Tuesday, 8 August 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 08 AUGUST 2017

Ref.Soya oil trading range for the day is 636-656. Ref soyoil ended with gains tracking firmness in spot demand after prices dropped on higher stockpiles in domestic market and higher tariff rates. SEA of India showed till July 1, around 160,000 tons of soyoil stocks were at various ports of the country. Total stock of edible oil at ports and in pipelines increased to 2.27 million tons from 2.16 million tons in June 2017. At the Indore spot market in Madhya Pradesh, soyoil was steady at 632.55 Rupees per 10 kgs.



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