Friday, 27 July 2018

EPIC RESEARCH NCDEX Ref.Soya oil UPDATE OF 27 July 2018

Ref.Soya oil trading range for the day is 740-748.

* Ref soyoil gained on short covering amid higher duties on edible oils and increased import disparity.

* Stocks of edible oil in ports and pipeline are estimated at 2.518 mt as on July 1 compared to 2.278 mt a year ago while lower than 2.662 mt in May.

* As per the data from SEA, India's vegetable oil imports during June dropped 23% to 10.4 lakh tons (lt) compared to 13.4 lt in the same period a year ago.


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