EPIC AGRI COMMODITY UPDATE:REF SOYA OIL

[epicresearch]

Ref.Soya oil trading range for the day is 643-653.Ref soyoil ended with gains due to rising demand in the spot markets and record low rupee also supported the prices.Soybeans are getting support from worries that heavy rains, if continued for the next couple of days, could hamper the growth process.The total soyameal exports during July, 2013 reported 1.07 lakh tonnes, as compared to 1.68 lakh tonnes in July, 2012At the Indore spot market in Madhya Pradesh, soyoil was steady at 673.25