EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 27 SEPTEMBER 2017

Soyabean trading range for the day is 2983-3091.Soyabean prices dropped on higher availability of stocks along with easing harvesting concerns and weak demand for Indian soymeal in export market..India 2017-18 soybean output 12.21 mln ton vs 13.79 mln ton.NCDEX accredited warehouses soyabean stocks gained by 120 tonnes to 2841 tonnes.At the Indore spot market in top producer MP, soybean dropped-29 Rupees to 3011 Rupees per 100 kgs.

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