Monday, 18 February 2019

EPIC RESEARCH NCDEX Soyabean UPDATE OF 18 February 2019



Soyabean trading range for the day is 3700-3790.

Soyabean settled down on good physical demand from oil mills due to higher meal exports.

Pressure also seen 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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