Thursday, 7 December 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 07 DECEMBER 2017

Soyabean trading range for the day is 3113-3189.Soyabean gained tracking firmness in spot demand after prices dropped amid easing supply worries in global market following reports of favourable weather. However, upside also seen limited as weather report of la-nina eased supply concerns from Argentina and Brazil. NCDEX accredited warehouses soyabean stocks gained by 1782 tonnes to 182116 tonnes.At the Indore spot market in top producer MP, soybean gained 22 Rupees to 3074 Rupees per 100 kgs.



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