Monday, 16 July 2018

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 16 July 2018

Soyabean trading range for the day is 3252-3416.

* Soyabean prices dropped on hope of good sowing progress in coming weeks.

* Pace of sowing increase last week and now the deficit is only under 4% on year which was 48% in previous week.

* NCDEX accredited warehouses soyabean stocks dropped by 221 tonnes to 7075 tonnes.



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