EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 26 JULY 2016

Soyabean trading range for the day is 3587-3691.Soyabean prices dropped on reports of improved sowing along with good distribution of rains and weak demand for Indian soymeal in export market.Soybean acreage in the country is likely to decline but it may not affect the yield in the country due to hopes of good yield. NCDEX accredited warehouses soyabean stocks dropped by 3572 tonnes to 5450 tonnes. At the Indore spot market in top producer MP, soybean dropped -14 rupee to 3785 rupee per 100 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co