Monday, March 28, 2016

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 28 MARCH 2016


Soyabean trading range for the day is 3891-4073.
Soyabean prices ended with gains on higher demand for the crop in export market and on supply worries from United States.
Prices were also supported by improved demand after USDA reported higher sales of the bean in last week.
NCDEX accredited warehouses soyabean stocks gained by 50 tonnes to 41011 tonnes.
At the Indore spot market in top producer MP, soybean gained 25 rupee to 3910 rupee per 100 kgs.
 
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