EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 24 November 2016

Soyabean trading range for the day is 3008-3128. Soyabean prices ended with losses on profit booking even as supplies in the spot market is not picking up. Recently, 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 1444 tonnes to 90149 tonnes. At the Indore spot market in top producer MP, soybean dropped -12 rupee to 3087 rupee per 100 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300