Friday, 11 May 2018

EPIC RESEARCH NCDEX Ref.SOYA OIL UPDATE OF 11 MAY 2018

Ref.Soya oil trading range for the day is 770-784.

* Ref soyoil ended with gains tracking improved physical demand amid speculation over lower stockpiles.

* There are reports of 3% higher vegetable oil imports on year at 11.5 lakh tonnes (lt) in March.

* Stocks of edible oil in ports and pipeline are estimated at 2.11 mt 1 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 760.2 Rupees per 10 kgs.

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