EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 08 FEBRUARY 2018

Ref.Soya oil trading range for the day is 741-751. Ref soyoil ended with gains amid reports of improved demand in physical market. As per SEA, stock position at ports & pipeline is at 21.76 lakh tonnes as on Jan 1, higher by 17% on year. India's edible oil imports fell 10% on year to 10.6 lakh tonnes in December due to a sharp hike in import duty. At the Indore spot market in Madhya Pradesh, soyoil was steady at 736.2 Rupees per 10 kgs.

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