EPIC RESEARCH NCDEX UPDATE OF REFINED SOYA OIL 24 October 2016

Ref.Soya oil trading range for the day is 661-671. Ref soyoil prices ended with losses tracking weakness in spot demand amid profit booking. As per SEA data, India September crude soyoil import 469,564 tonnes, an increase of 46 % compared to 321,062 tonnes year ago. Oilmeal exports for September fell 35 per cent to 90,907 tonnes from 1,39,649 tonnes in the corresponding period last year. At the Indore spot market in Madhya Pradesh, soyoil was steady at 656.75 rupees per 10 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300