Tuesday, 6 February 2018

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 06 FEBRUARY 2018

Ref.Soya oil trading range for the day is 742-750. Ref soyoil ended with losses tracking weakness in spot demand despite of increasing supply concerns.However downside seen limited amid lower stockpiles in domestic amid decreasing imports in the past two-month. Stocks of soy oil in end December was higher 7.25 percent compared to December 2016, which was reported at 1.434 million lbs. At the Indore spot market in Madhya Pradesh, soyoil was steady at 736.1 Rupees per 10 kgs.

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