Friday, 2 February 2018

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 02 FEBRUARY 2018

Ref.Soya oil trading range for the day is 737-759. Ref soyoil ended with gains tracking good physical demand. India's edible oil imports fell 10% on year to 10.6 lakh tonnes in December due to a sharp hike in import duty. India's soyoil shipments plunged to four-year low on higher import duty during December month, data released by Solvent Extractors Association (SEA) of India showed. At the Indore spot market in Madhya Pradesh, soyoil was steady at 739.6 Rupees per 10 kgs.

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