Monday, 9 July 2018

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 09 July 2018

Soyabean trading range for the day is 3442-3558.

Soyabean prices ended with losses on profit booking after prices gained on reports of good meal exports.

The cabinet raised the minimum support price for soybean by 11.4% to Rs 3,399 per quintal but the prices have been higher than MSP.

NCDEX accredited warehouses soyabean stocks dropped by 2359 tonnes to 7296 tonnes.

At the Indore spot market in top producer MP, soybean gained 17 Rupees to 3617 Rupees per 100 kgs.
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