Wednesday, April 11, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 11 APRIL 2018


  • Soyabean trading range for the day is 3808-3902.
  • Soyabean prices dropped on reports of normal monsoon and higher acreage for soybean in the next season.
  • China's agriculture ministry said it expects soybean supplies to be "basically normal" in the short-term after Beijing proposed a 25 percent tariff on U.S. imports.
  • NCDEX accredited warehouses soyabean stocks gained by 50 tonnes to 120255 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped -31 Rupees to 3872 Rupees per 100 kgs.

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