Monday, April 03, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 3 April 2017

  • Soybean April futures closed lower of the week on weak spot demand despite less arrivals. 
  • The supplies have been decreased drastically this week compared to previous week. 
  • As per Agmarknet, arrivals of soybean during 27-31 Mar were about 24,979 tonnes Vs 80,092 tonnes during previous week. 
  • The mills have procured large volumes of soybean earlier in the season lower levels which helps in more competitive prices of meals for record exports. 
  • The market may get support at lower levels from news of Govt to allow export of edible oils including soya oil.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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