Friday, February 16, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 16 FEBRUARY 2018


  • Soyabean trading range for the day is 3662-3878 
  • Soyabean prices dropped on profit booking after prices gained amid improved demand from the oil mills.
  • Survey by SOPA, estimates India's soybean output at 8.35 million tonnes for the harvesting season 2017-18, about 24 percent lower
  • NCDEX accredited warehouses soyabean stocks dropped by 260 tonnes to 185888 tonnes.
  • At the Indore spot market in top producer MP, soybean dropped  -33 Rupees to 3822 Rupees per 100 kgs.

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