Wednesday, October 28, 2015

EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 28 OCTOBER 2015

Ref.Soya oil trading range for the day is 612-630.
Ref soyoil prices ended with gains amid short covering after prices dropped on over supply following higher imports data.
India soybean oil imports climbed 99.39% in September after local demand of edible oils rose due to lack of domestic crushing.
India edible oil imports climbed 18.81% to 1.20 million tons in Sep compared 1.01 mln tons for the same period a year earlier, the SEA of India said.


At the Indore spot market in Madhya Pradesh, soyoil was steady at 623.7 rupees per 10 kgs.For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co

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