EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 03 October 2016

Ref.Soya oil trading range for the day is 655-667. Ref soyoil prices ended with gains on short covering after prices dropped on adequate supplies. USDA in its weekly export sales report said that exports fell by 39% to 16,300 tons from the previous week. Edible oil consumption to rise by 6% to 22.15 million tons in the year while imports are expected to increase by nearly 7% to 15.48 million tons. At the Indore spot market in Madhya Pradesh, soyoil was steady at 648.05 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co