Friday 27 July 2018

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 27 July 2018

Soyabean trading range for the day is 3345-3393.

* Soyabean gained amid improvement in demand from the oil mills is seen as government increased the incentives for soy meal exports.

* However, upside seen limited on projection of favourable weather triggered expectation of higher supply while demand from crushers is declining.

* NCDEX accredited warehouses soyabean stocks dropped by 30 tonnes to 11353 tonnes.


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