Friday 15 February 2019

EPIC RESEARCH NCDEX Soyabean UPDATE OF 15 February 2019



* Soyabean trading range for the day is 3712-3808.

* Soyabean gained on good physical demand from oil mills due to higher meal exports.

* Soybean output in Madhya Pradesh is seen rising 35.3% to 7.20 mln tn during 2018-19 (Jul-Jun).

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

* At the Indore spot market in top producer MP, soybean gained 20 Rupees to 3841 Rupees per 100 kgs.

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