EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 15 OCTOBER 2018

• Soyabean trading range for the day is 3202-3266.
  
• Soyabean prices gained on short covering amid improving crushing demand from oil mills, anticipation of exports demand for soy meal exports and MSP procurement.
• India’s soyameal exports during the oil year 2017-18 were down 15 per cent at around 1.7 million tonnes (mt) from the previous year’s 2 mt.
• NCDEX accredited warehouses soyabean stocks gained by 2849 tonnes to 7221 tonnes.
• At the Indore spot market in top producer MP, soybean gained 2 Rupees to 3216 Rupees per 100 kgs.

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