Friday 22 September 2017

EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 22 SEPTEMBER 2017

Soyabean trading range for the day is 3062-3160. Soyabean prices ended with losses tracking weakness in spot demand on profit booking after prices gained tracking lower acreage. The area under the soybean crop in India was at 10.58 mln ha , down 7.8% from a year ago. NCDEX accredited warehouses soyabean stocks gained by 151 tonnes to 1328 tonnes. At the Indore spot market in top producer MP, soybean gained 30 Rupees to 3101 Rupees per 100 kgs.

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