Tuesday 29 November 2016

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 29 Nov 2016

Soyabean trading range for the day is 3112-3184. Soyabean prices gained on strong demand for oil and meal due to positive crushing margin. Crushers are carrying soybean stock of around 20-25 days so crushing is happening with maximum capacity. NCDEX accredited warehouses soyabean stocks gained by 2120 tonnes to 93925 tonnes. At the Indore spot market in top producer MP, soybean gained 17 rupee to 3131 rupee per 100 kgs.

No comments: