Monday, July 22, 2013

EPIC AGRI COMMODITY UPDATE :SOYABEAN


Soyabean trading range for the day is 3101-3155.
Soyabean dropped due to strong sowing acreage in the current year along with weak demand of soyameal in export market.
Good crop in US indicates increased global supplies in the coming days.
NCDEX accredited warehouses soyabean stocks gained by 144 tonnes to 13964 tonnes.
At the Indore spot market in top producer MP, soybean dropped -101 rupee to 3604 rupee per 100 kgs.
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