Friday 3 August 2018

EPIC RESEARCH NCDEX Ref.Soya oil UPDATE OF 3 August 2018


Ref.Soya oil trading range for the day is 727-743.

Ref soyoil ended with losses tracking weakness in spot demand amid higher stock positions in the country.

Sellers too were cautious in offerings, expecting good demand from mills to meet the festive demand for soyoil

According to an official notification, government slashed the base import price of all edible oils in the range of $20-$36 per tn.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 743.75 Rupees per 10 kgs.

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