EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 28 DECEMBER 2016

Soyabean trading range for the day is 2978-3068. Soyabean prices ended with losses on profit booking after prices gained on increasing demand in export market. According to SEA in Nov'16 around 51,805 tons of soymeal has been exported compared to just 8,908 tons last year same duration. NCDEX accredited warehouses soyabean stocks gained by 524 tonnes to 136730 tonnes. At the Indore spot market in top producer MP, soybean gained 32 rupee to 3034 rupee per 100 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300