EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 16 November 2016

Ref.Soya oil trading range for the day is 670-680. Ref soyoil prices gained on short covering after falling earlier on higher supply in global market. Reports of higher imports during current oil year keeping the stock sufficient in the domestic market. India exported 67,779 tn oilmeal in October, nearly double the quantity it exported a year ago, the Solvent Extractors' Association of India said. At the Indore spot market in Madhya Pradesh, soyoil was steady at 678.2 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300