EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 08 JUNE 2017

Soyabean trading range for the day is 2736-2884.Soyabean gained amid drastic reduction in soybean arrivals in the physical markets in Madhya Pradesh due to agitation by the farmers. Reports showed that arrivals of soybean during the first 6 days of June drop by 78% to 13,225 tonnes.NCDEX accredited warehouses soyabean stocks dropped by 3518 tonnes to 92996 tonnes. At the Indore spot market in top producer MP, soybean gained 14 Rupees to 2886 Rupees per 100 kgs.

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