EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 09 DECEMBER 2016

Soyabean trading range for the day is 3036-3104. Soyabean dropped on weak demand for the crop in export market and on expectation of higher supply in global market. Subdued weekly sales export data reported by USDA put pressure on bean prices next week. NCDEX accredited warehouses soyabean stocks gained by 3188 tonnes to 108670 tonnes. At the Indore spot market in top producer MP, soybean dropped -29 rupee to 3044 rupee per 100 kgs. To get reliable and quality NCDEX Tips ✆ – 0731-6642300