EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 11 AUGUST 2016

Soyabean trading range for the day is 3545-3669.Soyabean dropped on profit booking after prices gained on fears of damage to the new crop.So far the standing soybean crop is in good conditions but it will be too early to project the output at this stage, said an official of SOPA.Indian farmers have planted soybean over 11.18 million hectare marginally up from 11 million hectare a year due to good monsoon rains.At the Indore spot market in top producer MP, soybean dropped -7 rupee to 3816 rupee per 100 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co