Wednesday, January 16, 2019

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 16 JANUARY 2019


  • Soyabean trading range for the day is 3656-3746.
  • Soyabean dropped on profit booking after prices gained due to improved physical demand tracking higher exports of soybean meal.
  • 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 383 tonnes to 134109 tonnes.
  • At the Indore spot market in top producer MP, soybean gained 39 Rupees to 3687 Rupees per 100 kgs.

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