EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 23 NOVEMBER 2017

Soyabean trading range for the day is 2894-3052.Soyabean prices gained tracking good physical demand after hike in edible oil imports which increase domestic crushing.Soybean prices are still trading lower than MSP as soybean arrivals have peaked. NCDEX accredited warehouses soyabean stocks gained by 6580 tonnes to 136270 tonnes.At the Indore spot market in top producer MP, soybean gained 5 Rupees to 2869 Rupees per 100 kgs.

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