EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 30 MARCH 2016

Soyabean trading range for the day is 3933-4119.
Soyabean prices dropped on profit booking after prices gained on supply worries in global market and on higher demand from China.
Slow harvesting pace in Argentina and Brazil and robust China demand supporting the bean prices.
NCDEX accredited warehouses soyabean stocks gained by 121 tonnes to 41132 tonnes.


At the Indore spot market in top producer MP, soybean gained 61 rupee to 3971 rupee per 100 kgs.

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