Thursday, 25 May 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 25 MAY 2017

Soyabean trading range for the day is 2687-2803.Soyabean prices dropped due to reports of higher stocks of soybean with farmers and traders.India's 2016-17 soybean sowing stood at 11.47 million hectare which resulted in output of 10.5 million tons of the seed.NCDEX accredited warehouses soyabean stocks dropped by 3092 tonnes to 112893 tonnes.At the Indore spot market in top producer MP, soybean dropped -32 Rupees to 2952 Rupees per 100 kgs.

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