Tuesday, 5 December 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 05 DECEMBER 2017

Soyabean trading range for the day is 3081-3187. Soyabean prices gained due to increasing supply concerns in global market and demand concerns.Sources said around 35% total soybean have arrived in the local mandis as farmers of Madhya Pradesh rushed to take advantage of prices difference scheme.NCDEX accredited warehouses soyabean stocks gained by 8880 tonnes to 176528 tonnes. At the Indore spot market in top producer MP, soybean gained 63 Rupees to 3058 Rupees per 100 kgs.

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