Tuesday, 27 June 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 27 JUNE 2017

Soyabean trading range for the day is 2769-2871.Soyabean on NCDEX settled up 0.82% at 2830 on slow progress of soybean planting and lower arrivals in physical markets. However upside seen limited on weak physical demand and reports of monsoon rains may cover soybean belt in coming weeks. NCDEX accredited warehouses soyabean stocks dropped by 2168 tonnes to 67063 tonnes. At the Indore spot market in top producer MP, soybean gained 6 Rupees to 2945 Rupees per 100 kgs.

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