EPIC RESEARCH NCDEX UPDATE OF SOYA OIL 29 June 2017

• Ref.Soya oil trading range for the day is 627-637.
  
• Ref soyoil gained on late short covering after prices dropped on weak demand and higher supply.
• Soyoil's premium over palm oil at $132 per ton compared to average of $103 per tons over past year has led the demand to shift on palm oil.
• India's soyoil imports during May spurted by 91.14% to 340,365 tons compared to 178,064 tons for the same period a year ago.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 628.45 Rupees per 10 kgs.

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