Friday 20 July 2018

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 20 July 2018


Soyabean trading range for the day is 3349-3439.

* Soyabean prices dropped on profit booking after price gained supported by expectation of increase in meal exports.

* The area under soybean in the country increased by 4% compared to last year sowing at 76 lakh ha.

* NCDEX accredited warehouses soyabean stocks gained by 1093 tonnes to 8488 tonnes.

* At the Indore spot market in top producer MP, soybean gained 17 Rupees to 3589 Rupees per 100 kgs.

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