Wednesday, 12 July 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 12 JULY 2017

Soyabean trading range for the day is 2925-3147.Soyabean prices dropped on profit booking after prices gained due to deficient rains in soybean growing areas of MP, Rajasthan and Maharashtra. The slow progress of the monsoon and unattractive prices last year may dampen the spirit of soybean growers this kharif season. NCDEX accredited warehouses soyabean stocks dropped by 1129 tonnes to 45517 tonnes. At the Indore spot market in top producer MP, soybean dropped -8 Rupees to 3009 Rupees per 100 kgs.



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