EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 19 JULY 2016

Soybean futures prices closed down on Monday on low demand and expectation of good production from next year crop. Moreover, reports of higher edible oil imports dented the sentiments. Soybean Oct’16 contract closed 0.82% down to settle at Rs. 3,739 per quintal. The SOPA has estimated a 3-5 % dip in kharif soybean sowing to 112.2 lakh hectares (lh).For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

Soybean futures prices closed down on Monday on low demand and expectation of good production from next year crop. Moreover, reports of higher edible oil imports dented the sentiments. Soybean Oct’16 contract closed 0.82% down to settle at Rs. 3,739 per quintal. The SOPA has estimated a 3-5 % dip in kharif soybean sowing to 112.2 lakh hectares (lh). - See more at: http://investmentguruindia.com/CommoditiesReports/Refined-Soy-oil-futures-may-trade-sideways-to-higher---Angel-Commodities#sthash.dLm4jnfX.dpuf