EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 29 JANUARY 2018

Soyabean trading range for the day is 3518-3752. Soyabean prices ended with gains tracking global cues amid global supply concerns and demand hopes.Soybean arrivals across India during Jan 1-20 dropped by 43% to 300,000 tons on year, data showed.NCDEX accredited warehouses soyabean stocks dropped by 1728 tonnes to 211976 tonnes. At the Indore spot market in top producer MP, soybean gained 70 Rupees to 3685 Rupees per 100 kgs.

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