Friday, 8 March 2019

EPIC RESEARCH NCDEX Soybean UPDATE OF 8 March 2019



Soybean trading range for the day is 3635-3715.

Soyabean dropped amid reports of higher availability of oil from domestic crushing and hopes of cheaper imports due to weak prices in global markets.

India's soymeal export is likely to record a growth of 25% during the current fiscal on the back of fresh demand from Europe and Iran

SOPA forecast India’s soybean output is higher by 38% at 114.8 lt due to increase in average yield across the country.



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