EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 19 JANUARY 2016

Ref.Soya oil trading range for the day is 602-608.
Ref soyoil prices ended with gains tracking firmness in spot demand and other oilseed counters due to improved demand.
USDA in its WASDE report, raised soyoil production estimates for 2015-16 in US by 0.3% a month earlier at 9.94 million tons.
India's soyoil imports surged to 216,836 tons in November compared to 121,097 tons for the same period a year ago, data released by the SEA of India showed.


At the Indore spot market in Madhya Pradesh, soyoil was steady at 606.7 rupees per 10 kgs. For more information ✆ - 0731-6642300 on NCDEX Tips or Visit http://www.epicresearch.co