EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 7 SEPTEMBER 2018

• Ref.Soya oil trading range for the day is 743-755.
  
• Ref soyoil ended with gains on renewed buying at lower levels due to persistent decline in rupee.
• Soybean oil import in India reported at 352325 MT in month of July against the 288519MT of prior month.
• India’s July edible oil stocks at ports and pipelines fell 1.70 percent m-o-m to 24.75 lakh tons from 25.18 lakh tons in May 2018.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 746.3 Rupees per 10 kgs.

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