EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 1 FEBRUARY 2018

• Soyabean trading range for the day is 3663-3849. 
  
• Soyabean dropped on profit booking after prices gained on supply worries amid expectation of hoarding by stockiest.
• Soybean arrivals in local mandis averaged at 75,000-100,000 bag (per bag of 100 kg) during past five trading days.
• NCDEX accredited warehouses soyabean stocks dropped by 4675 tonnes to 206261 tonnes.
• At the Indore spot market in top producer MP, soybean dropped -32 Rupees to 3826 Rupees per 100 kgs.

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