EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 16 MAY 2016

Ref.Soya oil trading range for the day is 644-662.
Ref soyoil prices ended with losses on higher supply in global market.
According to WASDE report, global Soy oil inventories stood at 3.73 million tons up by 2.3% from last estimate.
India's soyoil imports surged 68.44% to 321,975 tons in March compared to 191,150 tons for the same period a year ago.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 635.5 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co