EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 19 October 2016

Ref.Soya oil trading range for the day is 657-675. Ref soyoil prices dropped amid good physical supplies in the domestic market due to higher imports in current oil year. India 2016-17 edible production may rise 20% on favourable weather condition this year. Domestic edible oil production 2016-2017 is seen at 6.97 million tons compared to 5.82 million tons last year. At the Indore spot market in Madhya Pradesh, soyoil was steady at 657.35 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300