Tuesday, May 16, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 16 May 2017


  • Soyabean trading range for the day is 2838-2926.
  • Soyabean ended with losses due to forecasts of ample supplies in global markets.
  • Informa raised its forecast of US 2017 soybean plantings to 89.662 million acres, above the USDA's March figure of 89.5 million acres.
  • NCDEX accredited warehouses soyabean stocks dropped by 3902 tonnes to 128116 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped -30 Rupees to 3041 Rupees per 100 kgs.

For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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