EPIC RESEARCH NCDEX UPDATE OF SOYA OIL 31 MARCH 2017

• Ref.Soya oil trading range for the day is 632-642. 
  
• Ref soyoil prices dropped tracking weak demand from the physical market. 
• Expectations of bumper oilseeds output and higher availability of edible oil in the country and lower base import price of soyoil is pressurizing prices 
• However there is positive sentiments among market participants after government allowed bulk exports from the country. 
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 644.15 Rupees per 10 kgs.

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