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Epic Research Daily Agri Report 25th Feb 2016

Discussion in 'Stock Market News & Analysis' started by chetanepic, Feb 25, 2016.

  1. chetanepic

    chetanepic New Member

    Jan 9, 2016
    Likes Received:
    Intraday Trader
    Commodity News

    Ref Soya oil settled down amid subdued intake by the stockists. However, expensive imports coupled with firm International market may provide support to edible oil in domestic market. As per latest SEA data, edible oils import rose to 14.07 lt in December last year from 11.23 lt in December 2014. However, imports of non-edible oils fell to 11,467 tonnes from 17,996 tonnes in the year-ago period.

    Economic News

    President Pranab Mukherjee's address to the Parliament focussed on the BJP government's efforts to eradicate poverty , revive the farm sector, create infrastructure in rural areas, housing for all and job growth.In a speech lasting over an hour, the President devoted a large chunk of time to the farm and rural sector, indicating that the general Budget to be presented by Finance Minister Arun Jaitley s likely to focus on these two crucial segments.

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