Thursday, March 10, 2016

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 10 MARCH 2016

Soyabean trading range for the day is 3665-3833.
Soyabean prices ended with losses on profit booking after prices gained on reports on restricted arrivals of soybean in spot market.
According to Chinese grains giant COFCO, the marketing year 2015-16 could see an increase in Chinese soybean imports to 83 mt tons.
NCDEX accredited warehouses soyabean stocks dropped by 518 tonnes to 45504 tonnes.


At the Indore spot market in top producer MP, soybean gained 35 rupee to 3739 rupee per 100 kgs.
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