Wednesday, March 20, 2019

EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 20 MARCH 2019


  • Ref.Soya oil trading range for the day is 731-743.
  • Ref.Soya oil gained on short covering after prices dropped amid reports of higher availability of oil from domestic crushing.
  • Soyoil imports surged 65 percent to 220,376 tonnes in February, the Solvent Extractors' Association of India (SEA) said in a statement.
  • According to NOPA, members are expected to crush 3.3 % higher Soybean to 158.73 million bushel in February 2019 compared to last year record in the same month
  • At the Indore spot market in Madhya Pradesh, soyoil was steady at 760 Rupees per 10 kgs.

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