EPIC RESEARCH NCDEX REF.SOYAOIL UPDATE OF 11 July 2018

Ref.Soya oil trading range for the day is 753-767.

Ref soyoil dropped due to profit booking amid higher stock levels in the country and reduce base import prices.

For the first fortnight of July, the base import price of crude soyoil has been cut to $750 per tn from $752 per tn by the govt.

According to SEA, India's monthly requirement of edible oil is around 1.9 million tonnes.

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