Tuesday, March 14, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 14 MARCH 2017

  • Soyabean trading range for the day is 2847-2907. 
  • Soyabean dropped amid expectation of ample supplies in the domestic as well as international markets.
  • USDA in its report increased its forecast of Brazil's 2016/17 soybean harvest to an all-time high 108 million tonnes.
  • NCDEX accredited warehouses soyabean stocks dropped by 31 tonnes to 214451 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped -3 Rupees to 3000 Rupees per 100 kgs.
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