Monday 25 September 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 25 SEPTEMBER 2017

Ref.Soya oil trading range for the day is 673-687.Ref soyoil ended with gains on anticipation of good physical demand in coming festival season and reports of lower imports on soyoil in the country.SEA has raised its concerns on the decline in the oilseeds acreage this kharif season (2017), where monsoon played truant hampering sowing prospects. Aug crude soyoil import down 13% at 289,746 tn vs 333,599 tn yr ago, while Nov-Aug crude soyoil import also down 22% to 2.74 mln tn.At the Indore spot market in Madhya Pradesh, soyoil was steady at 673.4 Rupees per 10 kgs.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664

No comments: