EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 24 JANUARY 2018

• Soyabean trading range for the day is 3446-3634.
  
• Soyabean prices gained following increased buying after physical buying in the spot markets.
• USDA reported 1.231 mt in soybean export inspections that was 1.51% increase from the week before but still lags last year for this time by 13.46%.
• NCDEX accredited warehouses soyabean stocks gained by 387 tonnes to 214215 tonnes.
• At the Indore spot market in top producer MP, soybean gained 90 Rupees to 3614 Rupees per 100 kgs.

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