EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 05 APRIL 2016

Soyabean trading range for the day is 4127-4311.
Soyabean surged on supply worries following slower harvesting pace in US and on improved demand from China.
USDA farmers planned to seed 82.236 million acres of soybeans compared to 82.650 million a year ago.
NCDEX accredited warehouses soyabean stocks gained by 202 tonnes to 41397 tonnes.
At the Indore spot market in top producer MP, soybean gained 77 rupee to 4128 rupee per 100 kgs.  
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