EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 02 SEPTEMBER 2016

Soyabean trading range for the day is 3226-3322. Soyabean prices gained on short covering after prices dropped due to expectation of better crop this season. SOPA has rated India's 58% soybean crop of 2016-17 as in normal condition and 13% in very good condition. India's soybean acreage stood at 11.2 million hectare and out of this crop over 6.5 million hectare in normal conditions. At the Indore spot market in top producer MP, soybean dropped -8 rupee to 3425 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co