EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 19 April 2017

• Soyabean trading range for the day is 2974-3050.
  
• Soyabean prices gained on account of diminishing supplies in the domestic market. 
• Still, the soybean market is likely to be underpinned by strong demand from China in the months ahead.
•  NCDEX accredited warehouses soyabean stocks dropped by 5272 tonnes to 172892 tons. At the Indore spot market in top producer MP, soybean gained 5 Rupees to 3087 Rupees per 100 kgs.

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