Friday, August 21, 2015

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 21 AUGUST 2015

Soyabean trading range for the day is 3073-3181.

Soyabean prices dropped due to concerns over production due to erratic weather in major growing areas.

Overall, the global supply outlook for soybeans in 2015/16 remains positive, notwithstanding the recent downward revisions.

Soybean planted area for 2015 is estimated at a record high 85.1 million acres, up 2 percent from last year.

At the Indore spot market in top producer MP, soybean dropped -34 rupee to 3380 rupee per 100 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co 

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