EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 28 JULY 2016

Ref.Soya oil trading range for the day is 624-634.Ref soyoil prices ended with losses on over supply following higher imports data.Pressure seen on prices amid higher supply as favourable climatic conditions in US are likely to be supportive for the soybean crop India edible oil imports jumped 14% in June on lower prices of edible complex in global market, data showed. At the Indore spot market in Madhya Pradesh, soyoil was steady at 630 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co