Wednesday, October 07, 2015

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 07 OCTOBER 2015

Soyabean trading range for the day is 3598-3794.
Soyabean gained on late short covering after price earlier dropped due to ample stocks of vegetable oil and sluggish export demand for meals.
SOPA cut 2015 soybean production forecast to 8.64 million tons compared to previous year's revised estimates of 9 million ton.
In the US soybean crop progress report, about 85% of the crop is dropping leaves which are above 5 year average of 83%.


At the Indore spot market in top producer MP, soybean gained 144 rupee to 3781 rupee per 100 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

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