EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 8 JANUARY 2019

• Ref.Soya oil trading range for the day is 729-745.
  
• Ref.Soya oil gained amid good demand in physical market amid anticipation of lower imports.
• Availability of soyoil was higher from domestic sources because of increased crushing by processors during October and November.
• India’s edible oil imports fell 12.4% on year to 10.73 lakh tn in November. Imports of edible oil are lower on the month by 8.6%.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 752 Rupees per 10 kgs.

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