EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 20 APRIL 2016

Ref.Soya oil trading range for the day is 664-682.
Ref soyoil prices ended with gains tracking firmness in overseas prices and firmness in spot demand.
As per USDA's March'16 WASDE report, Indian soyoil production estimates for 2015-16 is at 1.08 million down by 5.6%.
Oilmeals export dropped 52 per cent to 1.18 mt in 2015-16, against 2.46 mt the previous year, due to a sharp fall in soyabean shipments.


At the Indore spot market in Madhya Pradesh, soyoil was steady at 644.75 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co Follow @Epic_Research