EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 28 SEPTEMBER 2017

Ref.Soya oil trading range for the day is 668-678.Ref soyoil ended with losses tracking weakness in spot demand amid higher stockpiles.As of September, India stockpiles of degummed soybean oil stood at 250,000 tons.Further, arrivals of new soybean crops also kept oil prices down on lower crushing.At the Indore spot market in Madhya Pradesh, soyoil was steady at 673 Rupees per 10 kgs.

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