Tuesday, 12 February 2019

EPIC RESEARCH NCDEX Soyabean UPDATE OF 12 February 2019



Soyabean trading range for the day is 3676-3802.

Soyabean settled down driven by higher projection of 2018-19 soybean output.

Soybean prices fell further on concerns over a prolonged Washington-Beijing trade war and slowing global economic growth.

India, 2018-19 soybean output is projected higher at 13.45 million tons from 10.98 million tons.

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