EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 15 MAY 2017

Soyabean trading range for the day is 2871-2943.Soyabean prices ended with losses on supply pressure and good monsoon forecast. Higher plant delivery prices prompted investors to offload more stocks. NCDEX accredited warehouses soyabean stocks dropped by 2130 tonnes to 132018 tonnes.At the Indore spot market in top producer MP, soybean dropped -6 Rupees to 3071 Rupees per 100 kgs.

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