EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 30 AUGUST 2016

Ref.Soya oil trading range for the day is 635-649. Ref soyoil prices ended with losses on weak demand and on expectation of higher supply. Meanwhile, according to USDA weekly export sales report till Aug 18 is around, exports jumped by 79% to 10,700 tons from the previous week. According to USDA August estimates, U.S 2016/17 soy oil end stocks fell by 8.1 percent m-o-m to 1,755 million lbs. At the Indore spot market in Madhya Pradesh, soyoil was steady at 633.65 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co