Wednesday, October 14, 2015

EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 14 OCTOBER 2015

Ref.Soya oil trading range for the day is 616-646.

Ref soyoil prices ended with gains due to improved demand amid festive season buying.

Prices of soyoil were also supported after USDA in its WASDE report trimmed Indian soyoil production by 5.5%.

The country's vegetable oil imports will rise 19 per cent to 14 million tonnes this marketing year ending October 30, an industry body said.

At the Indore spot market in Madhya Pradesh, soyoil was steady at 630.85 rupees per 10 kgs.

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