- Ref.Soya oil trading range for the day is 622-634.
- Ref soyoil ended with losses as there is still good domestic supplies due to imports and good domestic crushing.
- However downside seen limited on expectation of improving physical demand in coming months.
- SEA estimates put rabi oilseeds production at 91.76 lakh tonnes against 77.41 lakh tonnes last year, up 18.5% on year-on-year basis.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 628.15 Rupees per 10 kgs.
Tuesday, May 09, 2017
EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 9 May 2017
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