EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 6 DECEMBER 2018

• Ref.Soya oil trading range for the day is 724-738.
  
• Ref.Soya oil gained on short covering after prices dropped on expectations of higher domestic availability of soyoil
• India's 2018-19 soybean production is projected at 13.46 million tons, up 22.5% over previous year, agriculture ministry data showed.
• India's October soyoil imports were down at 264,089 tons from 341,402 tons a month ago but traders are expecting higher imports in coming months.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 735.1 Rupees per 10 kgs.

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