EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 13 JUNE 2018

• Soyabean trading range for the day is 3340-3512.
  
• Soyabean dropped on reports of higher acreage for next season on forecast of normal rains and lower meal exports data from SEA and SOPA.
• Around 25% of soybean stocks are with farmers and stockiest till May 31 on weak demand from crushers, said the SOPA.
• NCDEX accredited warehouses soyabean stocks dropped by 152 tonnes to 16097 tonnes.
• At the Indore spot market in top producer MP, soybean dropped -47 Rupees to 3488 Rupees per 100 kgs.

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