Friday, June 22, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 22 JUNE 2018



  • Soyabean trading range for the day is 3447-3497.
  • Soyabean prices gained on anticipation of higher domestic crushing of soybean.
  • However, expectation of higher sowing due to forecast of normal rains, and lower meal exports data capped some gains.
  • NCDEX accredited warehouses soyabean stocks dropped by 796 tonnes to 13764 tonnes.
  • At the Indore spot market in top producer MP, soybean gained 11 Rupees to 3559 Rupees per 100 kgs.

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