Wednesday, April 19, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYA OIL 19 April 2017

  • Ref.Soya oil trading range for the day is 614-626. Ref soyoil prices ended with losses tracking 
  • weakness in spot demand tracking reports of high stocks in the domestic market. 
  • As per SEA data, soy oil imports for March down more that 28.5% Y/Y to 2.3 lt and down 8.7 m/m. NOPA said its members crushed 153.060 million bushels during March, up from 142.792 million bushels in February. 
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 630 Rupees per 10 kgs. 
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