Tuesday 3 January 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 3 JANUARY 2017

Soyabean trading range for the day is 3056-3164. Soyabean prices gained on expectation of strong demand from processors amid lower arrivals in the markets. The arrivals are likely to be steady to moderately lower amid expectation of pickup in demand from oil millers and crushing units. NCDEX accredited warehouses soyabean stocks gained by 2031 tonnes to 142796 tonnes. At the Indore spot market in top producer MP, soybean gained 26 rupee to 3091 rupee per 100 kgs.

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