EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 17 MAY 2016

Soyabean trading range for the day is 3966-4062.
Soyabean gained amid supply worries in domestic market after IMD reported that monsoon over Kerala is likely to be delayed by six days.
Prices were also supported after bean imports by China, jumped 33% in April to 7.07 million tons on year and 15.9% higher on month.
NCDEX accredited warehouses soyabean stocks dropped by 949 tonnes to 46642 tonnes.
At the Indore spot market in top producer MP, soybean dropped -2 rupee to 4087 rupee per 100 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co