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Friday, September 06, 2013

EPIC AGRI COMMODITY UPDATE:REF SOYA OIL


Ref.Soya oil trading range for the day is 667-691.
Ref soyoil ended with losses on higher supplies in spot markets and a stronger rupee.
Farmers are bringing last year's crop as this year production is set to rise significantly.
Soybean was cultivated in 12.18 million hectares in India compared with 10.68 million hectares a year earlier.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 697.75 rupees per 10 kgs.

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