EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 30 MAY 2017

Soyabean trading range for the day is 2661-2765.Soyabean prices ended with losses due to higher supplies and lower demand in the domestic spot market.Arrivals in the local mandis also rose as farmers are offloading to prepare for next sowing.NCDEX accredited warehouses soyabean stocks dropped by 3866 tonnes to 107049 tonnes.At the Indore spot market in top producer MP, soybean dropped -47 Rupees to 2882 Rupees per 100 kgs.

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