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Wednesday, March 22, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 22 MARCH 2017

  • Soyabean trading range for the day is 2846-2942. 
  • Soyabean prices dropped as favorable weather condition in South American growing regions stoked expectations of ample global supply. 
  • Soybean output in India as well as well as in the United States and Brazil is expected to rise this year. 
  • NCDEX accredited warehouses soyabean stocks dropped by 2770 tonnes to 201971 tonnes. 
  • At the Indore spot market in top producer MP, soybean dropped -7 Rupees to 3032 Rupees per 100 kgs.
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