Monday 14 May 2018

EPIC RESEARCH NCDEX Ref. SOYA OIL OF 14 MAY 2018


Ref.Soya oil trading range for the day is 761-783.

Ref soyoil ended with losses due to steady physical demand from the stockists on reports of higher stocks of edible oil in the country.

As per the data from SEA, soyoil imports during the March dropped 49.9% to 115,102 tons compared to 229,853 tons in the same period a year ago.

Stocks of edible oil in ports and pipeline are estimated at 2.11 mt compared to 1.91 mt a year ago while lower than 2.197 mt in Feb, data showed.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 759.5 Rupees per 10 kgs.
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