Monday, 8 April 2019

EPIC RESEARCH NCDEX Soyabean UPDATE OF 8 April 2019



Soyabean trading range for the day is 3777-3917.

* Soyabean gained amid fears of the emergence of El-Nino this year as el-NiƱo may impact crucial monsoon rains.

* India's 2018-19 soybean output is projected 24.7% higher at 13.69 million tons as per second advance estimates released by agriculture ministry.

* China may import higher soybean in 2019/20-USDA
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