EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 8 JUNE 2016

Ref.Soya oil trading range for the day is 646-666.
Ref soyoil prices ended with losses on over supply following higher imports data.
Oilmeals exports have declined 94% to 7,737 tonnes in May, due to lower availability of oilseeds and higher prices in the domestic market.
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
At the Indore spot market in Madhya Pradesh, soyoil was steady at 640 rupees per 10 kgs.
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