EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 6 DECEMBER 2018

• Soyabean trading range for the day is 3337-3385.
  
• Soyabean prices traded in range due to anticipation of improving arrivals after the elections are over in major producing state of Madhya Pradesh.
• AS per SOPA, India’s soymeal exports slumped 40% on year to around 60,000 tn in October.
• NCDEX accredited warehouses soyabean stocks gained by 265 tonnes to 126514 tonnes.
• At the Indore spot market in top producer MP, soybean dropped -24 Rupees to 3399 Rupees per 100 kgs.

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