EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 25 JULY 2018

• Soyabean trading range for the day is 3288-3412.
  
• Soyabean prices gained amid expectation of good acreage for soybean this season due to forecast of normal rains.
• According to China’s General Administration of Customs, soybean imports in June 2018 increased by 10.1 per cent to 8.7 MMT compared to 9.68 MMT previous month.
• NCDEX accredited warehouses soyabean stocks dropped by 10 tonnes to 11373 tonnes.
• At the Indore spot market in top producer MP, soybean dropped -22 Rupees to 3536 Rupees per 100 kgs.

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