Tuesday, April 30, 2013

EPIC AGRI COMMODITY UPDATE:REF SOYAOIL

Ref soyaoil trading range for the day is 715.37-730.67.
Ref soyaoil ended with flat node due to weak exports demand for soymeal.
Oil mills are cautiously buying in spot markets. Supplies of soybeans have also improved marginally.
India's soymeal exports are likely to fall to 200,000 tonnes in April, down 36 percent from a year earlier
At the Indore spot market soyoil edged up by 2.65 rupee to 740.25 rupees 10 kgs.

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