Tuesday, November 21, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 21 NOVEMBER 2017


  • Soyabean trading range for the day is 2844-3002.
  • Soyabean prices gained after news that India, raises its import tax on edible oils on increasing supply concerns in global market.
  • USDA trimmed 2017-18 United States soybean production and ending stockpiles forecast marginally for November.
  • NCDEX accredited warehouses soyabean stocks gained by 8021 tonnes to 125670 tonnes.
  • At the Indore spot market in top producer MP, soybean gained  97 Rupees to 2863 Rupees per 100 kgs.

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