Wednesday, 20 February 2019

EPIC RESEARCH NCDEX Soyabean UPDATE OF 20 February 2019



Soyabean trading range for the day is 3757-3837.

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

* However, upside seen limited driven by higher projection of 2018-19 soybean output.

* India’s soybean output is likely to rise by a staggering 38 per cent this year on a sharp increase in average yield across the country

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