Thursday, September 19, 2013

EPIC AGRI COMMODITY UPDATE: REF SOYA OIL


Ref.Soya oil trading range for the day is 654-664.
Ref soyoil ended with losses tracking weakness in spot demand on expectations of higher arrivals from new crop.
Downside was limited on worries over soybean crop in MP and Rajasthan and a less than satisfactory oilseeds harvest in Maharashtra.
Edible oils had witnessed improved demand during mid August-early September as the festive season approached.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 669.7 rupees per 10 kgs.

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