EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 15 FEBRUARY 2016

Ref.Soya oil trading range for the day is 622-636.
Ref soyoil prices ended with gains tracking firmness in spot demand and overseas prices.
Soymeal exports touched an all time low of 7,707 tonnes in January this year, due to higher bean prices in the domestic market.
The export during April-January period of the current fiscal declined by 87 per cent to 69,266 tonnes compared to 5.35 lakh tonnes in the same period of previous year.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 606.7 rupees per 10 kgs.

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