EPIC RESEARCH NCDEX REF. SOYA OIL UPDATE OF 09 FEBRUARY 2016

Ref.Soya oil trading range for the day is 615-623.
Ref.Soyaoil settled flat as pressure seen due to oversupply woes following robust imports data.
India's export of oilmeals during January 2016 is reported ever lowest at 17,243 tons, down 91% as compared to 185,654 tons in the same month of previous year.
India's soyoil imports surged four fold high to 490,718 tons in December compared to 97,027 tons for the same period a year ago.


At the Indore spot market in Madhya Pradesh, soyoil was steady at 606.7 rupees per 10 kgs. 

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