EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 04 October 2016

Ref.Soya oil trading range for the day is 651-665. Ref soyoil prices dropped tracking weakness in spot demand amid prospects of higher imports. With prospects of bumper soybean crops and lower crush margins supply of the oil in domestic market is expected to rise. However, sharp fall in the oil prices will be cushioned by improved demand in spot market for ongoing festive season. At the Indore spot market in Madhya Pradesh, soyoil was steady at 650.3 rupees per 10 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co