EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 21 November 2016

Soyabean trading range for the day is 3044-3110. Soyabean prices traded in the range due to crunch in liquidity stockiest buying was muted and on higher supply SOPA has raised the estimate for 2016-17 (Jul-Jun) soybean output in the country to 115 lt from 109 lt estimated earlier. NCDEX accredited warehouses soyabean stocks gained by 3570 tonnes to 65928 tonnes. At the Indore spot market in top producer MP, soybean gained 7 rupee to 3048 rupee per 100 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300