Thursday, August 31, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 31 AUGUST 2017


  • Soyabean trading range for the day is 3041-3159. 
  • Soyabean dropped on profit booking after prices gained on expectation good crushing demand on hike in import and lower acreage in the country.
  • Prices also seen under pressure amid good rains in rain deficient areas of Maharashtra and Madhya Pradesh.
  • NCDEX accredited warehouses soyabean stocks dropped by 1729 tonnes to 522 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped -16 Rupees to 3090 Rupees per 100 kgs.

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