Monday, September 11, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 11 SEPTEMBER 2017


  • Soyabean trading range for the day is 3052-3144.
  • Soyabean ended with gains on improved physical demand from oil mills and lower acreage in the country.
  • However, upside seen limited amid reports of arrival of new season soybean in Madhya Pradesh.
  • In its first forecast related to the next crop 2018, Abiove has forecasted Brazilian soybean exports at 65 million tonnes.
  • At the Indore spot market in top producer MP, soybean dropped -4 Rupees to 3070 Rupees per 100 kgs.

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