Monday, August 10, 2015

Ref.Soya oil trading range for the day is 547-565.

Ref soyoil ended with gains tracking firmness in spot demand despite of higher supply in global market.

Oilseeds sowing rose to 12.71 million hectare from only 3.8 million hectare a year ago on the back of steep rise in soybean and groundnut acreage.

Nearly 54% kharif sowing of the normal area has been completed until Jul 17 thanks to timely and excess rains during June.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 575.7 rupees per 10 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

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