EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 23 OCTOBER 2017

Ref.Soya oil trading range for the day is 668-674. Ref soyoil ended with gains tracking firmness in spot demand amid low level buying. According to data release by SEA, India's edible oil imports rose 9% on year to 15 lakh tonnes in September. Moreover, the government cut the base import price of soyoil by $27 to $824 per tonnes. At the Indore spot market in Madhya Pradesh, soyoil was steady at 665 Rupees per 10 kgs.



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