Tuesday 26 March 2019

EPIC RESEARCH NCDEX Ref.Soya oil UPDATE OF 26 March 2019



Ref.Soya oil trading range for the day is 732-738.

Ref.Soya oil dropped tracking weakness in spot demand due to higher stocks.

Government cut tariff value of crude soy oil by 24 dollar to $729 per tn for the second half of March.

Crude soy oil imports down 17.3% on year to 1.86 lakh tonnes (lt) in January 2019. For Nov-Jan period, soy oil import volume drop 17.8%.



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