EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 27 DECEMBER 2016

Ref.Soya oil trading range for the day is 704-720. Ref soyoil prices ended with gains tracking firmness in spot demand and other oilseed counters. However upside seen limited amid expectation of good domestic soy crushing which may reduce export dependence. According to USDA weekly export sales report, net sales for 2016-17 is around 15,100 MT were down by 63%. At the Indore spot market in Madhya Pradesh, soyoil was steady at 713.5 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300