EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 26 JULY 2017

Soyabean trading range for the day is 2985-3063.Soyabean prices gained on reports of lower sowing compared to last year. Further, expectation of good crushing demand on reports of hike in import duty too supported soybean prices. NCDEX accredited warehouses soyabean stocks dropped by 239 tonnes to 32380 tonnes. At the Indore spot market in top producer MP, soybean gained 6 Rupees to 2958 Rupees per 100 kgs.

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