EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 14 SEPTEMBER 2016

Soyabean trading range for the day is 3164-3226. Soyabean prices dropped on hopes of higher supply in domestic market following reports of reports of robust crop progress data. SOPA has rated India's 58% soybean crop of 2016-17 as in normal condition and 13% in very good condition. China’s soybean imports were forecast to hit a record high of 86mtns in the 2016-17 marketing year that begins Oct. 1. At the Indore spot market in top producer MP, soybean dropped -56 rupee to 3399 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co