EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 24 JULY 2018

• Ref.Soya oil trading range for the day is 741-751.
  
• Ref soyoil ended with losses amid lower tariff value and higher stock positions in the country.
• In June, India's total vegetable oil imports fell 22.4 percent from a year ago to 1.04 million tonnes, the lowest since January 2017.
• Stocks of edible oil in ports and pipeline are estimated at 2.518 mt compared to 2.278 mt a year ago while lower than 2.662 mt in May.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 749.6 Rupees per 10 kgs.

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