EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 17 AUGUST 2016

Soyabean trading range for the day is 3375-3637. Soyabean prices ended with losses tracking weakness in spot demand and overseas prices pressured by the stable condition of the U.S. crop.The USDA boosted its forecast for U.S. soybean exports in the 2015/16 marketing year by 85 million bushels. SOPA projected soybean stocks during Oct 2015-July 16 season climbed to 7.541 million tons on expectation of higher yield.At the Indore spot market in top producer MP, soybean dropped -23 rupee to 3770 rupee per 100 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co