EPIC RESEARCH NCDEX REFSOYAOIL UPDATE OF 1 AUGUST 2016

Ref.Soya oil trading range for the day is 620-638.Ref soyoil gained as support seen ahead of festive season and on supply worries from world's biggest supply of oil.However downside seen limited ahead of festive season and on supply worries from world's biggest supply of oil. Due to higher imports the domestic refining industry is facing severe crisis of under utilization of capacity.At the Indore spot market in Madhya Pradesh, soyoil was steady at 624.35 rupees per 10 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co