Tuesday, 10 January 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 10 JANUARY 2017

Soyabean trading range for the day is 3017-3091. Soyabean prices ended with losses on soymeal demand worries due to bird-flue and on expectation of bumper output. Arrivals were higher at 350,000 bags as against 150,000-170,000 bags during previous session. NCDEX accredited warehouses soyabean stocks dropped by 302 tonnes to 146552 tonnes. At the Indore spot market in top producer MP, soybean dropped -29 rupee to 3040 rupee per 100 kgs.

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