EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 24 NOVEMBER 2017

Soyabean trading range for the day is 2970-3056.Soyabean prices gained on global supply worries and hope of higher demand in domestic market. In a bid to provide support farmers and curb distress selling NAFED has been purchasing soybean in the markets of Telangana, Rajasthan and Maharashtra.NCDEX accredited warehouses soyabean stocks gained by 3212 tonnes to 139482 tonnes. At the Indore spot market in top producer MP, soybean gained 53 Rupees to 2922 Rupees per 100 kgs.

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