EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 25 October 2016

Ref.Soya oil trading range for the day is 662-682. Ref soyoil prices ended with gains as support seen on improvement in demand from oil millers and crushers. Prices also seen supported on improved demand due to winter season for restocking as rival palm oil solidifies in cold weather. However higher imports in current oil year may pressurize prices despite increase in tariff value by the government for the next fortnight. At the Indore spot market in Madhya Pradesh, soyoil was steady at 662.8 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300