EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 11 JULY 2016

Ref.Soya oil trading range for the day is 627-637.
Ref soyoil prices ended with losses on limited demand at higher prices and weakness in rival palm oil prices.
With southwest monsoon advancing into major soybean growing regions, sowing progress in these areas is likely to have pressure on prices.
Oilmeal exports from India nosedived 61 per cent in the period between April and June this year on account of lower availability of oilseeds.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 626.45 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co