Thursday, February 07, 2019

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 7 FEBRUARY 2019


  • Soyabean trading range for the day is 3696-3850.
  • Soyabean dropped tracking weakness in spot demand despite of restricted arrivals.
  • India, 2018-19 soybean output is projected higher at 13.45 million tons from 10.98 million tons, according to data from agriculture ministry.
  • NCDEX accredited warehouses soyabean stocks dropped by 3268 tonnes to 142316 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped -29 Rupees to 3871 Rupees per 100 kgs.


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