EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 6 OCTOBER 2017

• Soyabean trading range for the day is 2931-3025.
  
• Soyabean dropped on late profit booking after prices gained tracking rise in overseas prices as rains delayed the harvest in parts of the Midwest United States.
• The country's oilseeds industry group Abiove estimated the nation's soybean output at 108.5 million tonnes in the 2017/18 season.
• NCDEX accredited warehouses soyabean stocks gained by 990 tonnes to 6307 tonnes.
• At the Indore spot market in top producer MP, soybean gained  2 Rupees to 2937 Rupees per 100 kgs.

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