EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 19 SEPTEMBER 2016

Soyabean trading range for the day is 3191-3317. Soyabean gained on crop damage concerns from United States and Brazil and on improvement in demand. USDA reported gain of 34.56% in the week ended to Sep 8 compared to the same period a year ago, data showed. Brazil soybean production for 2016/17 is forecast at 101.0 million metric tons compared to 96.5 million last year. At the Indore spot market in top producer MP, soybean gained 47 rupee to 3473 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co