EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 30 AUGUST 2017

• Soyabean trading range for the day is 3065-3201.
  
• Soyabean ended with losses tracking weak international prices and good rains in rain deficient areas of Maharashtra and Madhya Pradesh.
• Acreage of soybean across the country was at 10.5 mln ha down 7.3% from a year ago.
• NCDEX accredited warehouses soyabean stocks dropped by 321 tonnes to 2251 tonnes.
• At the Indore spot market in top producer MP, soybean dropped -49 Rupees to 3106 Rupees per 100 kgs.

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