Monday, September 21, 2015

EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 21 SEPTEMBER 2015

Ref.Soya oil trading range for the day is 559-585.

Ref soyoil prices ended with gains tracking firmness in spot demand after Govt hikes import duty on refined.

Govt hikes import duty on refined oil to 20% from 15% Imports of vegetable oils, rose by 23% to 11.72 million tons during November-August period as against 9.52 million tons in the same period last year.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 573.45 rupees per 10 kgs.

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