EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 17 MARCH 2017

• Ref.Soya oil trading range for the day is 629-645. 
  
• Ref soyoil prices ended with gains tracking firmness in spot demand despite of higher imports in edible oil.
• India imported 17 per cent more vegetable oil in February 2017 at 1,270,443 tonnes, compared to 1,082,009 tonnes.
• Imports have reduced due to a good kharif oilseed crop and better domestic availability of edible oils.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 657.9 Rupees per 10 kgs.

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