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Friday, August 28, 2015

EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 28 AUGUST 2015

Ref.Soya oil trading range for the day is 564-580.

Ref soyoil prices ended with gains tracking firmness in spot demand amid short covering.

Prices also seen supported tracking firmness in soyabean prices on account of weak arrivals from the major producing belts.

Oilseeds sowing rose to 12.71 million hectare from only 3.8 million hectare a year ago on the back of steep rise in soybean and groundnut acreage.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 576.75 rupees per 10 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co

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