EPIC RESEARCH NCDEX UPDATE OF REFSOYAOIL 9 AUGUST 2016

Ref.Soya oil trading range for the day is 635-645.Ref soyoil gained supported taking cues from edible oil complexes on robust demand in domestic market ahead of festive season.With expectation of higher palm oil output, prices of palm oil are likely to fall which may soften the prices of soyoil as well. As per USDA weekly export sales report, net sales for 2016-17 is at 42,800 tons were up by noticeably from the prvious week. At the Indore spot market in Madhya Pradesh, soyoil was steady at 629.1 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co