EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 22 MARCH 2017

• Soyabean trading range for the day is 2846-2942. 
  
• Soyabean prices dropped as favorable weather condition in South American growing regions stoked expectations of ample global supply. 
• Soybean output in India as well as well as in the United States and Brazil is expected to rise this year. 
• NCDEX accredited warehouses soyabean stocks dropped by 2770 tonnes to 201971 tonnes. 
• At the Indore spot market in top producer MP, soybean dropped -7 Rupees to 3032 Rupees per 100 kgs.

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