Thursday, September 07, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 7 SEPTEMBER 2017

  • Soyabean trading range for the day is 3033-3173.
  • Soyabean ended with losses tracking weakness in spot demand amid expectations of new season arrivals.
  • The total area under soybean has declined this year due to a fall in acreage in Madhya Pradesh, because of poor rains in the state so far.
  • NCDEX accredited warehouses soyabean stocks dropped by 70 tonnes to 372 tonnes.
  • At the Indore spot market in top producer MP, soybean gained 31 Rupees to 3119 Rupees per 100 kgs.
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