Friday 21 April 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 21 April 2017

Ref.Soya oil trading range for the day is 615-629. Ref soyoil ended with gains on short covering as there is steady demand in the domestic market from the stockists. As per SEA data, soy oil imports for March down more than 28.5% Y/Y to 2.3 lt and down 8.7 lt m/m. NOPA said its members crushed 153.060 million bushels during March, up from 142.792 million bushels in February. At the Indore spot market in Madhya Pradesh, soyoil was steady at 625 Rupees per 10 kgs.

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