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EPIC AGRI COMMODITY UPDATE: REF SOYA OIL 11th march 2013

Discussion in 'Technical Analysis' started by Epicresearch, Mar 11, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Ref soyaoil ended with gains in line with overseas markets, and on lack of supplies.Soybeans supplies have been falling from Madhya Pradesh and Maharashtra, as farmers are unwilling to sell produceOverseas prices rose as market was underpinned by strong demand and expectations the U.S. government will tighten its supply outlookAt the Indore spot market soyoil edged down by -0.1 rupee to 685.4 rupees 10 kgs
     
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