Wednesday 30 August 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 30 AUGUST 2017

Soyabean trading range for the day is 3065-3201.Soyabean ended with losses tracking weak international prices and good rains in rain deficient areas of Maharashtra and Madhya Pradesh. Acreage of soybean across the country was at 10.5 mln ha down 7.3% from a year ago. NCDEX accredited warehouses soyabean stocks dropped by 321 tonnes to 2251 tonnes. At the Indore spot market in top producer MP, soybean dropped -49 Rupees to 3106 Rupees per 100 kgs.



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