EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 13 DECEMBER 2018

• Ref.Soya oil trading range for the day is 740-748.
  
• Ref.Soya prices gained as stockists are active in procuring new season soy oil.
• As per monthly SEA import report, India’s vegetable oil imports fell 2.7% on year to 15 million tn in the year ended October.
• Reports of higher domestic soy oil production and good imports in coming months will keep the stocks higher.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 742.45 Rupees per 10 kgs.

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