Wednesday, December 27, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 27 DECEMBER 2017


  • Soyabean trading range for the day is 3046-3116. 
  • Soyabean prices remained supported tracking firm demand from the physical market as supplies have been diminishing at lower prices.
  • Expectation of lower arrivals in local market and strong export order for soymeal may keep spot soybean up.
  • NCDEX accredited warehouses soyabean stocks gained by 1643 tonnes to 210036 tonnes.
  • At the Indore spot market in top producer MP, soybean gained  14 Rupees to 3103 Rupees per 100 kgs.

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