Thursday 18 April 2019

EPIC RESEARCH NCDEX Soyabean UPDATE OF 18 April 2019



Soyabean trading range for the day is 3694-3800.

* Soyabean dropped on concern over higher availability of oilseed in the country and slowing soybean meal exports.

* India is likely to see average monsoon rains this year, the state-run weather office said, which should support agricultural production.

* Soybean production is estimated higher by 20 per cent at 136.89 lakh tonnes as compared to 113.90 lakh tonnes produced during 2017-18.

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