Thursday, March 17, 2016

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 17 MARCH 2016


Soyabean trading range for the day is 3695-3801.
Soyabean prices ended with losses on profit booking after prices gained in last some session on back of limited arrivals.
Estimation for Argentina, 2015-16 crop output maintained at 58.5 million tons unchanged from previous month and 61.4 million tons a year ago.
NCDEX accredited warehouses soyabean stocks dropped by 665 tonnes to 43945 tonnes.
At the Indore spot market in top producer MP, soybean dropped -5 rupee to 3785 rupee per 100 kgs.

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