EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 19 MAY 2016

Soyabean trading range for the day is 3874-4042.           
Soyabean prices dropped on weak demand for soymeal and on supply hope following easing worries about delay monsoon rains in domestic.     
SOPA has revised 2015-16 soyabean output to 6.92 mln tn after assessing the arrivals, crushing and consumption for last seven months of the season.   
NCDEX accredited warehouses soyabean stocks gained by 143 tonnes to 46992 tonnes.              
At the Indore spot market in top producer MP, soybean dropped  -33 rupee to 4076 rupee per 100 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co