Tuesday, June 6, 2017

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 6 June 2017


  • Soyabean trading range for the day is 2698-2776.
  • Soyabean prices gained on short covering after prices dropped on increasing arrivals in local mandis and lower demand.
  • Soybean farmers are offloading stocks to raise funds for sowing.
  • NCDEX accredited warehouses soyabean stocks dropped by 939 tonnes to 98747 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped  -13 Rupees to 2872 Rupees per 100 kgs.

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