Monday, December 10, 2018

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 10 DECEMBER 2018


  • Ref.Soya oil trading range for the day is 727-739.
  • Ref soyoil gained short covering after prices dropped on expectations of higher domestic availability of soyoil.
  • India's 2018-19 soybean production is projected at 13.46 million tons, up 22.5% over previous year, agriculture ministry data showed.
  • India's October soyoil imports were down at 264,089 tons from 341,402 tons a month ago but traders are expecting higher imports in coming months.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 735 Rupees per 10 kgs. 

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