Friday, January 18, 2019

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 18 JANUARY 2019


  • Ref.Soya oil trading range for the day is 746-760.
  • Ref soyoil prices ended with gains on good physical demand.
  • However, gains were limited amid bumper production outlook of soybean for India and lower duties on palm oil import.
  • USDA in its latest monthly update forecast India soyoil production at 16.92 lakh tonnes, up 2.2% on month.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 761.6 Rupees per 10 kgs.

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