EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 25 SEPTEMBER 2017

Soyabean trading range for the day is 3088-3178.Soyabean ended with gains on improved demand from oil mills and lower acreage in the country.As per the agri ministry data, India's soybean acreage was at 10.6 million ha as on last week, down 7.8% from a year ago.NCDEX accredited warehouses soyabean stocks gained by 872 tonnes to 2200 tonnes.At the Indore spot market in top producer MP, soybean dropped -10 Rupees to 3091 Rupees per 100 kgs.

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