Thursday 29 June 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 29 JUNE 2017

Soyabean trading range for the day is 2807-2897.Soyabean prices dropped on profit booking and lower demand for soymeal in the market.However, downside seen limited on lower sowing along with reports of poor monsoon progress sparked supply shortage.NCDEX accredited warehouses soyabean stocks dropped by 937 tonnes to 61196 tonnes. At the Indore spot market in top producer MP, soybean gained 2 Rupees to 2936 Rupees per 100 kgs.

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