EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 22 JANUARY 2018

Soyabean trading range for the day is 3318-3394.Soyabean prices gained supported by good physical demand and lower supplies.Soybean arrivals during first 15 days in January were down 41% to 2.18 lakh tonnes on year as per data. NCDEX accredited warehouses soyabean stocks gained by 132 tonnes to 217075 tonnes.At the Indore spot market in top producer MP, soybean gained 7 Rupees to 3414 Rupees per 100 kgs.

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