Friday, November 24, 2017

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 24 NOVEMBER 2017


  • Ref.Soya oil trading range for the day is 728-738.
  • Ref soyoil prices dropped on profit booking after prices gained as the government raised the duty of the crude soy oil to 30%.
  • For the second half of November, government raised the base import price of all edible oils, with the steepest increase of $23 per tonnes in crude soyoil
  • NOPA said that its members crushed 164.242 million bushels of soybeans in October, up from 136.419 million bushels in September.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 722.75 Rupees per 10 kgs.

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