EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 28 MARCH 2016

Ref.Soya oil trading range for the day is 626-634.
Ref.Soya oil dropped on profit booking after prices gained by lower supply due to reluctance from farmers and stockiest to sell at lower prices.
India's soyoil imports surged 56.92% to 380,121 tons in February compared to 242,235 tons for the same period a year ago.
India's soybean oilmeal exports plunged 98.25% to 1,127 tons in February compared to 64,514 tons for the corresponding period a year earlier.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 625 rupees per 10 kgs. 
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