EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 03 NOVEMBER 2017

Soyabean trading range for the day is 2832-2980.Soyabean prices gained tracking global cues amid supply worries and buying at lower level. Data from USDA showed soybean harvest was 83% completed during the past week compared to near the five-year average of 84%. NCDEX accredited warehouses soyabean stocks gained by 6606 tonnes to 60218 tonnes. At the Indore spot market in top producer MP, soybean gained 71 Rupees to 2807 Rupees per 100 kgs.

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