Tuesday, 8 August 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 08 AUGUST 2017

Soyabean trading range for the day is 3009-3205. Soyabean ended with gains on supply worries following reports of lower acreages. As per government data, area under soybean crop across the country for the 2017-18 kharif was 9.89 million hectares till last week, down about 10.4% on year NCDEX accredited warehouses soyabean stocks dropped by 9420 tonnes to 16848 tonnes.At the Indore spot market in top producer MP, soybean dropped -5 Rupees to 2951 Rupees per 100 kgs.



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