Friday, 11 August 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 11 AUGUST 2017

Ref.Soya oil trading range for the day is 641-665. Ref soyoil ended with gains amid expectation of festival demand in coming weeks coupled with reports of hike in import duty. The base import price of crude soyoil has been hike by $8 to $820 per tonne for the first half of August. India's overall oilmeal exports reported an increase of 54 per cent for the April-July period at 638,468 tonnes, against 413,341 tonnes. At the Indore spot market in Madhya Pradesh, soyoil was steady at 630.35 Rupees per 10 kgs.

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