EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 27 SEPTEMBER 2016

Soyabean trading range for the day is 3130-3234. Soyabean dropped as dry weather is forecasted in the soybean growing areas which aid the harvesting. Further, reduction in the import duty of refine and crude edible oil in the country, also added pressure on soyabean prices. China’s August’16 soybean imports are reported down by 1.5% at 7.6 million tonnes compared to 7.7 million tonnes in July’16. At the Indore spot market in top producer MP, soybean dropped -229 rupee to 3193 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co