EPIC RESEARCH NCDEX UPDATE OF SOYA OIL 20 JULY 2017

• Ref.Soya oil trading range for the day is 633-645.
  
• Ref soyoil ended with losses on higher stockpiles in domestic market and weak demand.
• Around 160,000 tons of soyoil stocks were at various ports of the country, data released by Solvent Extractors Association showed.
• According to NOPA, U.S. June soybean crush fell 7.48 percent to 138.074 million bushels from 149.246 million bushels in May 2017.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 630.8 Rupees per 10 kgs.

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