Tuesday, February 12, 2019

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 12 FEBRUARY 2019


  • Soyabean trading range for the day is 3676-3802.
  • Soyabean settled down driven by higher projection of 2018-19 soybean output.
  • Soybean prices fell further on concerns over a prolonged Washington-Beijing trade war and slowing global economic growth.
  • India, 2018-19 soybean output is projected higher at 13.45 million tons from 10.98 million tons.
  • At the Indore spot market in top producer MP, soybean dropped -41 Rupees to 3826 Rupees per 100 kgs.

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