EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 15 November 2016

Ref.Soya oil trading range for the day is 665-681. Ref soyoil prices ended with gains tracking firmness in spot demand denting of prospects of higher imports, indicating tight supply situation. India exported 67,779 tn oilmeal in October, nearly double the quantity it exported a year ago, the Solvent Extractors' Association of India said. USDA Nov'16 WASDE report, US soyoil production expected to fall by 1% to 10.1 million tons while ending stocks also revised down to 752,000 tons. At the Indore spot market in Madhya Pradesh, soyoil was steady at 679.65 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300