Thursday, October 11, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 11 OCTOBER 2018

  • Soyabean trading range for the day is 3202-3238.
  • Soyabean prices dropped on increased crop output and higher supplies of new crop.
  • As per 1st advance estimate 2018/19, soybean production is forecast about 22.5% higher at 134.6 lakh tonnes on year.
  • NCDEX accredited warehouses soyabean stocks gained by 2107 tonnes to 2663 tonnes.
  • At the Indore spot market in top producer MP, soybean gained 18 Rupees to 3197 Rupees per 100 kgs.

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