Friday 1 September 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 01 SEPTEMBER 2017

Soyabean trading range for the day is 3029-3119.Soyabean ended with losses amid weak demand at domestic spot markets. Further, reports of good imports of edible oil in the country in July are keeping higher stocks in the country, too putting pressure on soybean prices. NCDEX accredited warehouses soyabean stocks dropped by 70 tonnes to 452 tonnes. At the Indore spot market in top producer MP, soybean dropped -22 Rupees to 3068 Rupees per 100 kgs.

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