EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 28 AUGUST 2018

• Ref.Soya oil trading range for the day is 720-738.
  
• Ref soyoil ended with losses tracking weakness in soyabean prices following hopes of bumper crop on the back of higher acreage and favourable weather conditions.
• Soybean oil import in India reported at 352325 MT in month of July against the 288519MT of prior month, higher by 22 % m/m.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 730.45 Rupees per 10 kgs. 

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