Tuesday, August 14, 2018

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 14 AUGUST 2018


  • Ref.Soya oil trading range for the day is 727-739
  • Ref soyoil ended with losses tracking weakness in spot due to lower tariff value and higher stock positions in the country.
  • According to an official notification, government slashed the base import price of all edible oils in the range of $20-$36 per tn.
  • Stocks of edible oil in ports and pipeline are estimated at 2.52 mt as on July 1 compared to 2.28 mt a year ago while lower than 2.66 mt in May.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 735 Rupees per 10 kgs.

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