Wednesday, 25 October 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 25 OCTOBER 2017

Ref.Soya oil trading range for the day is 670-678. Ref soyoil settled flat on profit booking after prices seen supported on supply concerns in domestic market and strong demand. India showed soyoil imports dropped about 24% in September compared to last year.Moreover, in the Oil year 2016/17 the imports have drop by 22% to 310,000 tons compared to 396,000 tons during the same period a year ago.At the Indore spot market in Madhya Pradesh, soyoil was steady at 671.3 Rupees per 10 kgs.



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