Monday 11 September 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 11 SEPTEMBER 2017

Ref.Soya oil trading range for the day is 667-675. Ref soyoil ended with gains supported by anticipation of good festival demand in coming weeks. There was a 78 per cent jump in the overall exports of oilmeals during the April-August period at 8,64,818 tonnes. Moreover, recently soy oil the prices have been supported by increase in import tax coupled with higher tariff value for the crude soy oil. At the Indore spot market in Madhya Pradesh, soyoil was steady at 660.85 Rupees per 10 kgs.

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