Thursday, 5 January 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 5 JANUARY 2017

Soyabean trading range for the day is 3045-3095. Soyabean prices ended with losses tracking weakness in spot demand amid expectation of bumper crop. Crushers are not able to procure soybean at lower level as farmers are reluctant to sell at lower prices. NCDEX accredited warehouses soyabean stocks gained by 760 tonnes to 145832 tonnes. At the Indore spot market in top producer MP, soybean dropped -25 rupee to 3071 rupee per 100 kgs.

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