Friday, 27 October 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 27 OCTOBER 2017

Ref.Soya oil trading range for the day is 671-679. Ref soyoil gains amid firmness in spot demand and due to recovery in soyabean prices. Soy oil stocks in U.S. at the end of September fell 8.12 percent to 1.302 billion lbs compared to 1.417 billion lbs in end August 2017. U.S. September soybean crush fell 4.2 percent to 136.419 million bushels from 142.424 million bushels in August 2017. At the Indore spot market in Madhya Pradesh, soyoil was steady at 673.45 Rupees per 10 kgs.

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