EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 31 AUGUST 2016

Ref.Soya oil trading range for the day is 632-646. Ref soyoil prices ended with losses tracking weakness in spot demand on oversupply woes. USDA August estimates, U.S 2016/17 soy oil end stocks fell by 8.1 percent m-o-m to 1,755 million lbs from 1,910 million lbs in July estimate. SOPA has rated India's 58% soybean crop of 2016-17 as in normal condition and 13% in very good condition. At the Indore spot market in Madhya Pradesh, soyoil was steady at 634.15 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co