Wednesday, 13 December 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 13 DECEMBER 2017

Ref.Soya oil trading range for the day is 725-733. Ref soyoil prices remained supported on hope of higher demand in domestic market. India's oilmeal exports in October edged down 29 percent from a year earlier to 73,863 tonnes as shipments of soymeal fell from the last year's lower base. Soybean oil imports slumped 21% to 220,200 tons in October from a year earlier while imports dropped during the oil year ended Oct. 31 by 22 % to 3.32 mt. At the Indore spot market in Madhya Pradesh, soyoil was steady at 716.7 Rupees per 10 kgs.



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