Thursday, December 13, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 13 DECEMBER 2018


  • Soyabean trading range for the day is 3331-3407.
  • Soyabean gained as crushers buying in physical market on hopes of increase in demand for soymeal exports on the back of weakness in rupee.
  • However, upside is limited in view of higher estimates of 2018-19 soybean crop at 13.45 million tons, up from 10.98 million tons a year ago.
  • NCDEX accredited warehouses soyabean stocks gained by 547 tonnes to 126802 tonnes.
  • At the Indore spot market in top producer MP, soybean gained 9 Rupees to 3418 Rupees per 100 kgs.

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