Wednesday 27 September 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 27 SEPTEMBER 2017

Ref.Soya oil trading range for the day is 674-680.Ref soyoil prices remained under pressure on sluggish demand in local and export market.Pressure seen on prices tracking weakness soyabean prices in local market as traders and stockiest are expected arrivals of new crops.Favourable weather for harvesting and higher carry-in stocks along with weakness in Indian soymeal export demand.At the Indore spot market in Madhya Pradesh, soyoil was steady at 673.65 Rupees per 10 kgs.

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