EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 14 JANUARY 2019

• Soyabean trading range for the day is 3572-3662.
  
• Soyabean prices gained on late short covering after prices dropped amid bumper soybean output.
• India's soybean output for 2018-19 has been pegged at 13.46 million tons higher than 10.98 million tons in the previous year.
• NCDEX accredited warehouses soyabean stocks dropped by 1070 tonnes to 133568 tonnes.
• At the Indore spot market in top producer MP, soybean dropped  -14 Rupees to 3572 Rupees per 100 kgs.

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