Friday, 4 November 2016

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 04 Nov 2016

Soyabean trading range for the day is 3131-3185. Soyabean prices ended with gains on improved demand from China despite of increasing supplies as markets resumes trading activity. Arrivals yesterday increased to nearly 560,000 bags as compared to 100,000 bags during previous session. NCDEX accredited warehouses soyabean stocks gained by 2477 tonnes to 23952 tonnes. At the Indore spot market in top producer MP, soybean gained 10 rupee to 3062 rupee per 100 kgs.
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