Tuesday 26 March 2019

EPIC RESEARCH NCDEX Soyabean UPDATE OF 26 March 2019



Soyabean trading range for the day is 3672-3718.

Soyabean ended with losses tracking weakness in spot demand on projection of higher 2018-19 output

Soyabean prices also dropped on worries over demand for ample U.S. supplies as Brazilian farmers are harvesting a bumper crop.

Agriculture ministry estimated 2018-19 at 13.69 million tons, up 24.7% on year.

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