EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 22 November 2016

Soyabean trading range for the day is 3041-3139. Soyabean settled flat supported by robust demand in export market while expectation of higher supply limited the upside. However robust crop progress data from United States, the world's biggest bean grower, hinted oversupply woes. NCDEX accredited warehouses soyabean stocks gained by 11215 tonnes to 87007 tonnes. At the Indore spot market in top producer MP, soybean gained 20 rupee to 3068 rupee per 100 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300