Tuesday, 17 October 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 17 OCTOBER 2017

Ref.Soya oil trading range for the day is 667-671.Ref soyoil ended with gains on expectation of good demand in coming weeks coupled with firm prices in the International markets.Moreover, the government cut the base import price of soyoil by $27 to $824 per tonnes.The USDA Oct report showed ending stock for the 2017/18 was reduced to 1,537 million pounds compared to 1,757 million pound in September report.At the Indore spot market in Madhya Pradesh, Soyoil was steady at 662.95 Rupees per 10 kgs.


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