EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 11 MAY 2016

Ref.Soya oil trading range for the day is 658-668.
Ref soyoil prices ended with flat node on over supply following higher imports data.
As per USDA weekly export sales report, net sales for 2015-16 were around 10,000 tons up by 4% from previous week.
Oilmeals export dropped 52 per cent to 1.18 million tonnes (mt) in 2015-16, against 2.46 mt the previous year.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 644.6 rupees per 10 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co