Friday, 27 October 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 27 OCTOBER 2017

Soyabean trading range for the day is 2801-2879. Soyabean prices dropped as supply poured into the market due to the rapid pace of harvesting in North America. Soyabean arrivals in local mandis spurts as farmers are expecting to take advantage of prices difference scheme which started from Oct 16. NCDEX accredited warehouses soyabean stocks gained by 1992 tonnes to 41330 tonnes. At the Indore spot market in top producer MP, soybean dropped -29 Rupees to 2824 Rupees per 100 kgs.

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