EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 12 AUGUST 2016

Soyabean trading range for the day is 3496-3624.Soyabean prices remained under pressure as higher monsoon rains keeping soybean fields well irrigated in Madhya Pradesh and Rajasthan.The export of soybean meal and its other value added products during July 2016 is just 12,272 tons compared to 30,688 tons in July 2015. As on 05 Aug, Indian farmers have planted soybean on 111.8 lh, up by 1% compared to last year sowing data.At the Indore spot market in top producer MP, soybean dropped -30 rupee to 3786 rupee per 100 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co