EPIC RESEARCH NCDEX UPDATE OF REFSOYAOIL 12 AUGUST 2016

Ref.Soya oil trading range for the day is 637-649. Ref soyoil prices ended with losses amid subdued demand of soybean from oil crusher.Prices also seen under pressure on over supply following higher imports data. SOPA has urged the Narendra Modi government to increase duty on imported crude soybean oil to 37.5% and 45% on refined soybean oil At the Indore spot market in Madhya Pradesh, soyoil was steady at 630.15 rupees per 10 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co