Tuesday 16 April 2019

EPIC RESEARCH NCDEX Ref.Soya oil UPDATE OF 16 April 2019



Ref.Soya oil trading range for the day is 719-727.

Ref.Soya oil prices dropped due to higher stocks at port, expectation of higher imports due to low tariff value.

Pressure also seen due to bumper production outlook of soybean for India and subdued domestic buying.

According to NOPA, members are expected to crush 3.3 % higher Soybean to 158.73 million bushel in February 2019.


Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316

No comments: