EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 31 JULY 2018

• Ref.Soya oil trading range for the day is 739-747.
  
• Ref soyoil ended with gains tracking firmness in spot demand amid higher import duty and improving demand from the physical market participants.
• Stocks of edible oil in ports and pipeline are estimated at 2.52 mt compared to 2.28 mt a year ago while lower than 2.66 mt in May.
• India's vegetable oil imports during June dropped 23% to 10.4 lakh tons (lt) compared to 13.4 lt in the same period a year ago.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 745 Rupees per 10 kgs.

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