EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 25 April 2017

Soyabean trading range for the day is 3020-3084.Soyabean prices dropped tracking weakness in spot demand on increasing arrivals in local mandis.All India soybean arrivals were stood at 125,000-130,000 bags (90 kilogram per bag) as compared to 120,00-125,000 bags.NCDEX accredited warehouses soyabean stocks dropped by 6821 tonnes to 162282 tonnes.At the Indore spot market in top producer MP, soybean gained 14 Rupees to 3121 Rupees per 100 kgs.

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