EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 06 DECEMBER 2016

Ref.Soya oil trading range for the day is 732-744. Ref soyoil prices gained due to short supply as most of the buying has happened during panic situation. Reports of plants not buying soybean for producing soya oil due to limited cash liquidity in the market too supported prices. India's rabi oilseed acreage jumped 15% thanks to attractive prices in the market and government's announce of increased in MSP. At the Indore spot market in Madhya Pradesh, soyoil was steady at 735.05 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300