Monday, December 14, 2015

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

Ref.Soya oil trading range for the day is 625-641.
Ref soyoil prices gained supported by good demand for the soyoil in the domestic market.
However, some gains were capped after lower prices in international market on expectations that higher Argentinean exports will pressure.
India's soyoil imports surged to 321,062 tons in September compared to 161,016 tons for the same period a year ago.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 635 rupees per 10 kgs.


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