EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 02 November 2016

Ref.Soya oil trading range for the day is 668-678. Ref soyoil prices dropped tracking weakness in spot demand after prices gained on supply worries in global market. Oilmeal exports for September fell 35 per cent to 90,907 tonnes from 1,39,649 tonnes in the corresponding period last year. US oilseeds processors have crushed 4.219 million tonnes of soybean during August 2016 which is down from 4.337 million tonnes. At the Indore spot market in Madhya Pradesh, soyoil was steady at 672.2 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300