Tuesday, May 08, 2018

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 8 MAY 2018


  • Ref.Soya oil trading range for the day is 761-771.
  • Ref soyoil ended with gains on short covering tracking firmness in overseas prices after prices dropped amid demand worries
  • The latest soybean crushing number indicated higher soyoil production in the United States for April.
  • India's total oilseed output is pegged at 38.8 mln tn in 2018-19 (Oct-Sep), up around 10% from last year.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 755 Rupees per 10 kgs.


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