Friday, 22 March 2019

EPIC RESEARCH NCDEX Ref.Soya oil UPDATE OF 22 March 2019



Ref.Soya oil trading range for the day is 736-744.

* Ref.Soya oil gained on short covering after prices dropped amid reports of higher availability of oil from domestic crushing.

* Soyoil imports surged 65 percent to 220,376 tonnes in February, the Solvent Extractors' Association of India (SEA) said in a statement.

* According to NOPA, members are expected to crush 3.3 % higher Soybean to 158.73 million bushel in February 2019 compared to last year record in the same month

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