EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 19 JUNE 2017

Soyabean trading range for the day is 2750-2842. Soyabean gains tracking firmness in spot demand despite of forecast of rains in soybean growing area in coming week. Soybean traders in Madhya Pradesh, the biggest bean growing state, called off their over a fortnight-long strike. NCDEX accredited warehouses soyabean stocks dropped by 918 tonnes to 84638 tonnes. At the Indore spot market in top producer MP, soybean gained 2 Rupees to 2931 Rupees per 100 kgs.

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