Monday, August 28, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 28 AUGUST 2017

  • Soyabean trading range for the day is 3230-3308.
  • Soyabean ended with gains as unfavourable weather condition along with lower acreages spurted supply worries.
  • India's 2017-18 soybean output is likely to fall by 15-20% on lower acreages and pest attacks in major crop growing area.
  • NCDEX accredited warehouses soyabean stocks dropped by 259 tonnes to 5658 tonnes.
  • At the Indore spot market in top producer MP, soybean gained 36 Rupees to 3173 Rupees per 100 kgs.
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