Thursday, February 1, 2018

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 1 FEBRUARY 2018


  • Ref.Soya oil trading range for the day is 741-749. 
  • Ref soyoil settled flat on profit booking after prices gained tracking firmness in spot demand due to rise in soyabean prices
  • Moreover, government has increased the base import price of crude soy oil by $14 per tonnes to $827 for the second half of Jan.
  • Soyoil imports were down by 66% in December to 79,250 tonnes compared to 2.32 lt last year
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 739.45 Rupees per 10 kgs.

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