EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 29 DECEMBER 2016

Soyabean trading range for the day is 3006-3056. Soyabean gained on account of good crushing demand from the mills, even though improving supplies in the domestic market capped some gains. However expectation of higher supply in global market and weak meal demand from poultry limited the upside. NCDEX accredited warehouses soyabean stocks gained by 1710 tonnes to 138440 tonnes. At the Indore spot market in top producer MP, soybean gained 9 rupee to 3043 rupee per 100 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300