Wednesday, September 25, 2013

EPIC AGRI COMMODITY UPDATE:REF SOYA OIL


Ref.Soya oil trading range for the day is 653-667.
Ref soyaoil gains as late monsoon rains over the growing areas of central India are likely to delay the harvest of the crop.
India could export as much as 5 million tonnes of soymeal in the year from Oct. 1, 2013, a rise of about 25% on the previous year
Amidst thin arrivals, demand remains good in the physical markets.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 672.7 rupees per 10 kgs.

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