EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 09 SEPTEMBER 2016

Soyabean trading range for the day is 3174-3288. Soyabean prices gained on short covering amid firmness in spot demand and after prices dropped due to monsoons showing improvement. China’s soybean imports were forecast to hit a record high of 86mtns in the 2016-17 marketing year that begins Oct. International Soybean prices drew support from a USDA report showing export inspections of U.S. soybeans in the latest week at 1,232,739 tonnes. At the Indore spot market in top producer MP, soybean dropped -14 rupee to 3443 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co