Wednesday, 4 January 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 4 JANUARY 2017

Soyabean trading range for the day is 3056-3144. Soyabean prices dropped on profit booking after prices gained on expectation of strong demand for soymeal amid lower arrivals. Soybean arrivals in the country totalled at 200,000 bags against 250,000 bags on previous session. NCDEX accredited warehouses soyabean stocks gained by 2276 tonnes to 145072 tonnes. At the Indore spot market in top producer MP, soybean gained 5 rupee to 3096 rupee per 100 kgs.

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