Tuesday, November 28, 2017

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 28 NOVEMBER 2017


  • Ref.Soya oil trading range for the day is 730-740.
  • Ref soyoil ended with flat node amid higher stockpiles in global market and weak demand.
  • NOPA said that its members crushed 164.242 million bushels of soybeans in October, up from 136.419 million bushels in September.
  • Increasing demand for soymeal in global market may cause higher soyoil supply in local mandis.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 725 Rupees per 10 kgs.

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