EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 08 DECEMBER 2016

Ref.Soya oil trading range for the day is 722-746. Ref soyoil prices dropped on profit booking after prices gained on strong demand and on supply worries in global market. The exports of oilmeal fell by 9.75% and stood at 1,08,342 tonnes in November this year. As per SEA’s data the country had shipped 1,20,059 tonnes of oilmeal -- used as an animal feed -- in November last year. At the Indore spot market in Madhya Pradesh, soyoil was steady at 738.45 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300