EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 8 JANUARY 2019

• Soyabean trading range for the day is 3461-3541.
  
• Soyabean gained amid demand in physical from millers, restricted supplies and on anticipation of good demand from the oil mills.
• Further, worries about dry weather in Brazil and hopes for fresh US soy sales to China, also supported prices.
• NCDEX accredited warehouses soyabean stocks gained by 556 tonnes to 134299 tonnes.
• At the Indore spot market in top producer MP, soybean gained 14 Rupees to 3505 Rupees per 100 kgs.

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