EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 17 MAY 2016

Ref.Soya oil trading range for the day is 648-658.
Ref soyoil prices ended with losses on oversupply woes following robust imports data.
India's soyoil imports rallied 86.35% to 348,195 tons in April compared to 186,849 tons for the same period a year ago.
According to April'16 WASDE, global Soy oil inventories stood at 3.73 million tons up by 2.3% from last estimate.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 634.95 rupees per 10 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co