EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 30 JANUARY 2018

Soyabean trading range for the day is 3636-3898. Soyabean prices ended with gains on supply worries amid expectation of hoarding by stockiest. Soybean arrivals in local mandis averaged at 75,000-100,000 bag (per bag of 100 kg) during past five trading days. NCDEX accredited warehouses soyabean stocks gained by 222 tonnes to 212198 tonnes. At the Indore spot market in top producer MP, soybean gained 178 Rupees to 3863 Rupees per 100 kgs.

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