Friday, 10 August 2018

EPIC RESEARCH NCDEX Soyabean UPDATE OF 10 August 2018

Soyabean trading range for the day is 3315-3379.

* Soyabean dropped on late profit booking after prices gained tracking firmness in overseas prices with the market underpinned by forecasts of hot and dry weather.

* Indian government increased export subsidy on soymeal from 7% to 10% to make it competitive in international market.

* China’s soybean imports in July fell from a month ago, customs data showed.
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