Wednesday, January 30, 2019

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 30 JANUARY 2019


  • Ref.Soya oil trading range for the day is 769-775.

  • Ref.Soya oil prices dropped on profit booking after prices gained on anticipation of improved domestic demand and higher international prices.
  • India imported 289,000 tons soyoil during November-December 2018 as against 353,000 ton a year, showed data.
  • In a fortnightly notification, Government increased tariff value of crude soy oil by 1 dollar to $708 per tn for the first half of January.
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 779.3 Rupees per 10 kgs.

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