EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 31 AUGUST 2018

• Ref.Soya oil trading range for the day is 725-737.
  
• Ref soyoil gains tracking firmness in spot demand and due to firm soybean prices despite of higher stock level in the country for edible oil.
• According to an official notification, government cut the base import prices of all edible oils by $1-$8 per tn.
• As per the data from SEA, edible oil imports fell to 10.53 lt in July compared to 14.89 lt in the same period a year ago.

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