Tuesday, September 12, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYA OIL 12 SEPTEMBER 2017


  • Ref.Soya oil trading range for the day is 665-671.
  • Ref soyoil ended with losses on profit booking after prices gained supported by the strong demand in local market for the festival season.
  • Exports of soymeal during August jumped multi-fold to 81,079 tons as compared to 10,615 tons in the same period a year ago.
  • With improvement in oilseeds production in next five years along with increase in yield, ICRA expects the edible oil production to be around 11 million tonnes.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 658.8 Rupees per 10 kgs.

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