EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 05 JUNE 2017

Soyabean trading range for the day is 2676-2828.Soyabean ended with losses amid supplies from domestic as well as overseas markets and good progress of new season crop.Total arrivals in Madhya Pradesh were at 10,000-20,000 bags, in Maharashtra inventories stood at 70,000-80,000 bags.NCDEX accredited warehouses soyabean stocks dropped by 448 tonnes to 99686 tonnes.At the Indore spot market in top producer MP, soybean gained 7 Rupees to 2885 Rupees per 100 kgs.

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