Friday, 11 May 2018

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 11 MAY 2018

Soyabean trading range for the day is 3720-3826.

Soyabean prices gained on expectation of diminishing arrivals and good crushing demand from the oil meals.

China will cut its soybean imports for the first time in 15 years in 2018/19, the agriculture ministry forecasts.

NCDEX accredited warehouses soyabean stocks dropped by 560 tonnes to 54372 tonnes.

At the Indore spot market in top producer MP, soybean gained 19 Rupees to 3774 Rupees per 100 kgs.
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