Tuesday, February 23, 2016

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 23 FEBRUARY 2016

Soyabean trading range for the day is 3654-3838.
Soyabean prices ended with losses tracking weakness in spot demand amid lower demand for crushing.
Overseas prices also dropped due to pressure from the advancing harvest in South America, where farmers reported better-than-expected yields.
NCDEX accredited warehouses soyabean stocks gained by 755 tonnes to 46863 tonnes.


At the Indore spot market in top producer MP, soybean dropped -12 rupee to 3826 rupee per 100 kgs.

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