Thursday, March 31, 2016

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 31 MARCH 2016


Soyabean trading range for the day is 3911-4079.
Soyabean prices ended with losses due to expectation of lower demand as edible oil imports increased for February month.
However, some losses were capped owing to reports of lower output from the major producing belts.
NCDEX accredited warehouses soyabean stocks gained by 252 tonnes to 41384 tonnes.
At the Indore spot market in top producer MP, soybean gained 19 rupee to 3990 rupee per 100 kgs.

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