Wednesday, 10 April 2019

EPIC RESEARCH NCDEX Ref.Soya oil UPDATE OF 10 April 2019



Ref.Soya oil trading range for the day is 717-735.

* Ref soyoil dropped on profit booking after prices gained amid reports of good seasonal demand in physical markets.

* Pressure also seen due to higher stocks at port, expectation of higher imports due to low tariff value

* In a fortnightly notification, Government cut tariff value of crude soy oil by 18 dollar to $711 per tn for the first half of April.


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