Tuesday, April 09, 2019

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 9 APRIL 2019


  • Soyabean trading range for the day is 3762-3928.
  • Soyabean prices ended with losses on profit booking after prices gained as demand started to improve at lower levels against tight supplies.
  • As per market sources, supplies are comparatively slow as stockiest and farmers are not willing to release their crops at the current market prices.
  • As per the Second Advance Estimates for 2018-19 crops, Soybean production is estimated higher by 20 per cent at 136.89 lakh tonnes.
  • At the Indore spot market in top producer MP, soybean gained  9 Rupees to 3931 Rupees per 100 kgs.

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