Thursday, May 25, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYA OIL 25 May 2017


  • Ref.Soya oil trading range for the day is 628-636.


  • Ref soyoil prices ended with losses tracking weakness in spot demand and on profit booking from higher levels.
  • According to SEA, during Nov.’16 – Apr.’17, import of soy oil has been lower to 13.50 lt from 22.44 lt in the same period of last year.
  • India's oilseeds industry body has cut its soymeal export forecast by 25% from its previous outlook.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 633.35 Rupees per 10 kgs.


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