EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 1 JANUARY 2019

• Ref.Soya oil trading range for the day is 721-735.
  
• Ref soyoil gained on short covering after prices dropped amid lowering of tariff value for coming fortnight.
• India's oilmeal exports in November edged down 16 percent from a year earlier to 311,739 tonnes as shipments of soymeal fell from the last year's lower base.
• India's vegoil imports in November fell 10 percent to 1.1 million tonnes from a year ago, a trade body said.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 738.75 Rupees per 10 kgs.

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