Friday 6 July 2018

EPIC RESEARCH NCDEX REF.SOYAOIL UPDATE OF 06 July 2018

Ref.Soya oil trading range for the day is 749-765.

Ref soyoil ended with gains tracking firm prices of soybean despite of ample supplies in domestic market.

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.

As per SEA monthly report, country' edible oil stock (in ports and pipeline) is at highest level ever at 26.6 lt putting pressure on domestic prices.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 753.9 Rupees per 10 kgs.
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