Wednesday, November 29, 2017

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 29 NOVEMBER 2017


  • Ref.Soya oil trading range for the day is 730-736.
  • Ref soyoil ended with losses amid higher stockpiles in global market and weak demand.
  • Increasing demand for soymeal in global market may cause higher soyoil supply in local mandis.
  • China imported 5.86 million tonnes of soybeans in October, down 28 percent from the previous month and well below market expectations.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 725.75 Rupees per 10 kgs.

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