Tuesday, 15 May 2018

EPIC RESEARCH NCDEX SOYABEAN OF 15 MAY 2018


Soyabean trading range for the day is 3687-3747.

Soyabean prices dropped tracking weakness in spot demand s on reports that the soymeal exports have been lower during April.

Pressure also seen amid uncertainty about the impact of trade disputes on demand for North American supplies despite forecasts for record breaking sales.

NCDEX accredited warehouses soyabean stocks dropped by 764 tonnes to 51543 tonnes.

At the Indore spot market in top producer MP, soybean dropped -25 Rupees to 3740 Rupees per 100 kgs.
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