Wednesday, July 11, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 11 JULY 2018


  • Soyabean trading range for the day is 3465-3531.
  • Soyabean prices dropped on profit booking after prices gained amid firm demand in spot market and reports of good meal exports in June.
  • According to Agriculture ministry, the area under soybean was estimated at 858,400 ha as of last week, down by 44% from a year ago.
  • NCDEX accredited warehouses soyabean stocks gained by 30 tonnes to 7296 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped -10 Rupees to 3637 Rupees per 100 kgs.

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