Wednesday, July 17, 2013

EPIC AGRI COMMODITY UPDATE:REF SOYA OIL






Ref.Soya oil trading range for the day is 666-676.
Ref soyoil ended with losses tracking weakness in spot demand and on weak global cues.
The expansion in the soybean growing area will lead to higher production.
Indian farmers have cultivated soybeans on 10.31 million hectares compared with 5.45 million hectares a year earlier
At the Indore spot market in Madhya Pradesh, soyoil was steady at 688.15 rupees per 10 kgs.

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