Thursday, 7 March 2019

EPIC RESEARCH NCDEX Soyabean UPDATE OF 7 March 2019



Soyabean trading range for the day is 3658-3744.

* Soyabean prices ended with gains tracking firmness in spot demand as crushing demand is improving.

* Soymeal exports are higher by 16% at 10.66 lt for the Apr- Jan period compared to last year. In the second advance estimates for 2018- 19.

* During the current season, soybean acreage was up 6.7 per cent to 10.84 million hectare (ha) from 10.16 million ha in the previous season.


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