Wednesday, March 20, 2019

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 20 MARCH 2019


  • Soyabean trading range for the day is 3616-3714.
  • Soyabean gained tracked by improving demand at the spot market despite of higher availability in the physical market.
  • Soybean production in 2018/19 is estimated to have risen 38 percent from a year ago to 11.5 million tonnes, according to the SOPA.
  • Meantime, soybean arrivals during current soybean year 2018-19 (October-September) jumped nearly 25% to 7.3 million tons until February
  • At the Indore spot market in top producer MP, soybean gained 16 Rupees to 3753 Rupees per 100 kgs.

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