Monday, 10 October 2016

EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 10 Oct 2016

Ref.Soya oil trading range for the day is 652-664.
Ref soyoil prices ended with losses tracking weakness in spot demand amid weak soymeal demand.
India's soybean oilmeal exports during September slipped 51.45% to 3,343 tons compared to 6,886 tons in the same period a year ago.India 2016-17 edible production may rise 20% on favourable weather condition this year.At the Indore spot market in Madhya Pradesh, soyoil was steady at 650 rupees per 10 kgs.

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