Monday, 27 November 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 27 NOVEMBER 2017

Ref.Soya oil trading range for the day is 727-739. Ref soyoil ended with gains on expectation of robust domestic demand. Prices of oil were up on expectation that higher import tax will support robust domestic buying activity. India's oilmeal exports in October edged down 29 percent from a year earlier to 73,863 tonnes as shipments of soymeal fell from the last year's lower base. At the Indore spot market in Madhya Pradesh, soyoil was steady at 722.55 Rupees per 10 kgs.

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