EPIC AGRI COMMODITY UPDATE: REF SOYA OIL

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Epic Research
Ref.Soya oil trading range for the day is 716-728.Ref soyoil ended with losses tracking weakness in spot demand on a stronger rupee and losses in overseas markets. The continuous appreciation of the rupee has been putting pressure on edible oil and oilseed prices.There are concerns that Iran may switch to Argentina and Brazil for soymeal as sanctions have been eased.At the Indore spot market in Madhya Pradesh, soyoil was steady at 723.9 rupees per 10 kgsEquity market tips
 
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