Tuesday, 13 June 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 13 JUNE 2017

Soyabean trading range for the day is 2744-2836.Soyabean ended with gains as support seen on expectation that the MSP for soybean may increase and lower arrivals in the physical market.USDA left domestic soybean production unchanged in monthly report, but bumped both old-crop and new-crop soybean ending stocks. NCDEX accredited warehouses soyabean stocks dropped by 169 tonnes to 90033 tonnes. At the Indore spot market in top producer MP, soybean remains unchanged at 0 Rupees to 2886 Rupees per 100 kgs.



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