Friday 13 October 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 13 OCTOBER 2017

Soyabean trading range for the day is 2898-2946. Soyabean prices gained on expectations of lower arrivals from the major producing belts in the spot market because of festival season in coming weeks. Soyabean improved further on reports that government is expected to step in for procurement of soybean in Maharashtra and Rajasthan to help farmers. NCDEX accredited warehouses soyabean stocks gained by 1711 tonnes to 14829 tonnes.At the Indore spot market in top producer MP, soybean gained 13 Rupees to 2885 Rupees per 100 kgs.



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