Thursday, April 28, 2016

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 28 APRIL 2016


Soyabean trading range for the day is 3951-4127.
Soyabean prices gained on short covering tracking firmness in spot demand after prices dropped on hope of higher supply.
Brazilian soybean exports were estimated to be around 55.3 million tons higher by 1 million tons from last year.
NCDEX accredited warehouses soyabean stocks gained by 190 tonnes to 15248 tonnes.
At the Indore spot market in top producer MP, soybean gained 16 rupee to 4118 rupee per 100 kgs.

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