- Ref.Soya oil trading range for the day is 714-726.
- Ref.Soya oil dropped due to higher stocks at port, expectation of higher imports due to low tariff value.
- Earlier pressure also seen due to bumper production outlook of soybean for India and subdued domestic buying.
- According to report, soy oil import jumped by 64.7% to 2.20 lt in February compared to 1.34 lt last year same month.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 740 Rupees per 10 kgs.
Thursday, April 18, 2019
EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 18 APRIL 2019
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