Wednesday, March 30, 2016

EPIC RESEARCH NCDEX REF.SOYA OIL UPDATE OF 30 MARCH 2016

Ref.Soya oil trading range for the day is 636-648.
Ref soyoil dropped on profit booking after prices gained on improved demand tracking firmness in other oilseed counters.
Country's vegetable oils import rose by 28% to 11.10 lakh tonnes last month due to higher shipments of refined plamolein on low global prices.
The SEA, showed exports at 1.09 million tonnes (mt) in the first 11 months of the financial year, compared to 2.26 mt in the corresponding period last year.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 606.7 rupees per 10 kgs.

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