EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 30 SEPTEMBER 2016

Ref.Soya oil trading range for the day is 650-660. Ref soyoil prices ended with gains on short covering after prices dropped on fear of lower demand. India 2016-17 edible production may rise 20% on favourable weather condition this year. U.S. soy processors crushed 2.6 percent fewer beans in August than a year ago and the pace fell below market expectations. At the Indore spot market in Madhya Pradesh, soyoil was steady at 650 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co