Tuesday, September 25, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 25 SEPTEMBER 2018


  • Soyabean trading range for the day is 3229-3425.
  • Soyabean prices dropped amid forecast of bumper soybean crop due to good rains in soybean growing areas.
  • However, expectations of improving exports demand for soy meal, capped some losses.
  • India’s soybean output is set to jump about 20 percent to over 10 million tonnes in the 2018/2019 crop year that starts in October.
  • At the Indore spot market in top producer MP, soybean gained 12 Rupees to 3403 Rupees per 100 kgs.
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