Thursday, 27 October 2016

EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 27 Oct 2016

Ref.Soya oil trading range for the day is 667-683.
Ref soyoil prices ended with gains on strong demand in spot demand and global market.
India 2016-17 edible production may rise 20% on favourable weather condition this year.
Oilmeal exports for September fell 35 per cent to 90,907 tonnes from 1,39,649 tonnes in the corresponding period last year.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 668.35 rupees per 10 kgs.
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