Tuesday, August 07, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 7 AUGUST 2018


  • Soyabean trading range for the day is 3333-3431.
  • Soyabean prices dropped tracking weakness in spot demand amid improved IMD weather forecast for crop progress during month of Aug- Sept.
  • In the USDA weekly crop progress report, 70% of soybean is reported to be in good to excellent conditions unchanged from previous week.
  • At the Indore spot market in top producer MP, soybean dropped  -33 Rupees to 3555 Rupees per 100 kgs.

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