Friday, 22 June 2018

EPIC RESEARCH NCDEX SOUABEAN UPDATE OF 22 June 2018

Soyabean trading range for the day is 3447-3497.

Soyabean prices gained on anticipation of higher domestic crushing of soybean.

However, expectation of higher sowing due to forecast of normal rains, and lower meal exports data capped some gains.

NCDEX accredited warehouses soyabean stocks dropped by 796 tonnes to 13764 tonnes.

At the Indore spot market in top producer MP, soybean gained 11 Rupees to 3559 Rupees per 100 kgs.
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