Friday, January 27, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 27 JANUARY 2017

Soyabean trading range for the day is 3043-3097. Soyabean prices ended with losses on expectation of higher supply from global market. SOPA showed that soymeal exports during Oct-Dec are estimated at 370,000 tons as against 108,000 tons. NCDEX accredited warehouses soyabean stocks gained by 2627 tonnes to 170750 tonnes. At the Indore spot market in top producer MP, soybean dropped -19 Rupees to 3062 Rupees per 100 kgs.

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