Friday 21 September 2018

EPIC RESEARCH NCDEX Soyabean UPDATE OF 21 September 2018

Soyabean trading range for the day is 3227-3383.

Soyabean prices gained as improving exports demand for soy meal exports triggered lower level buying in coming weeks.

China has shown interest in buying soybean de-oiled cake produced in Maharashtra which will help soybean prices to rise above MSP.

USDA has hiked 2018-19 estimates for the US soybean production and ending stockpiles for September.

At the Indore spot market in top producer MP, soybean gained 7 Rupees to 3364 Rupees per 100 kgs.

Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > 911 133 9000

No comments: