EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 3 JANUARY 2018

• Ref.Soya oil trading range for the day is 730-738.
  
• Ref soyoil ended with gains tracking firmness in spot demand amid hope of higher demand from China.
• Hope of increasing demand from domestic consumer ahead festival season starts after Jan 14 also kept prices up.
• For soy soil the base import prices were cut by $19 per ton to $813 for the first fortnight of Jan 2018
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 725 Rupees per 10 kgs.
• BUY REF SOYA FEB 2018 @ 731.00 SL 727.00 TGT 734.80-738.00.NCDEX

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