EPIC AGRI COMMODITY UPDATE:REF SOYA OIL

[epicresearch]

Ref.Soya oil trading range for the day is 626-646.Ref soyoil ended with gains due to short covering and fresh buying support on lower levels.Moreover, persistent rains have spoiled soya crop particularly in low lying areas.Cautious buying is seen in the spot market due to sufficient soybean stocks in the mandis of Madhya PradeshAt the Indore spot market in Madhya Pradesh, soyoil was steady at 661.9 rupees per 10 kgs