EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 02 NOVEMBER 2017

Ref.Soya oil trading range for the day is 676-712.Ref soyoil prices ended with gains on good domestic demand.The tariff value for soy oil has been increase by $15 per ton by the government to $839 for the first half of Nov.SEA has once again requested the Centre to increase the import duty on edible oils, due to lower oilseed prices and financial loss to farmers.At the In-dore spot market in Madhya Pradesh, soyoil was steady at 675 Rupees per 10 kgs.

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