Thursday, August 17, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 17 AUGUST 2017


  • Soyabean trading range for the day is 3068-3204. 
  • Soyabean ended with gains on supply worries following reports of lower acreages and strong demand for Indian soymeal in export market.
  • As per government data, soybean planting fell 10.4% to 99 lakh hectares compared with the same period last year.
  • NCDEX accredited warehouses soyabean stocks gained by 101 tonnes to 12463 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped -1 Rupees to 3020 Rupees per 100 kgs.

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