Tuesday, September 20, 2016

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 20 SEPTEMBER 2016

Soyabean trading range for the day is 3214-3352. Soyabean gained on weak sowing data last week and on improved demand in global market following upbeat US weekly soybean sales data. As on Sep 16, soybean sowing was recorded at 11.47 million hectare compared to 11.62 million hectare. Brazil soybean production for 2016/17 is forecast at 101.0 million metric tons compared to 96.5 million last year. At the Indore spot market in top producer MP, soybean gained 40 rupee to 3513 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

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