EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 16 JANUARY 2019

• Ref.Soya oil trading range for the day is 746-762.
  
• Ref.Soya oil dropped on profit booking after prices gained amid good demand in physical market amid anticipation of lower imports.
• USDA in its latest monthly update forecast said India soyoil production at 1.69 million tons, up 2.2% on month and 22.1% on year.
• Soyoil imports are unchanged for month at 3.4 million ton, but 14% higher on year, said USDA in its report.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 769.7 Rupees per 10 kgs.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co