EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 9 APRIL 2018

• Soyabean trading range for the day is 3824-3930.
  
• Soyabean prices dropped as pressure seen amid increasing crushing disparity in domestic market.
• According to the latest report by FC Stone, Brazil’s soybean output in 2017/18 has been estimated higher by 2.7 per cent at 115.9 MMT.
• NCDEX accredited warehouses soyabean stocks dropped by 1495 tonnes to 121372 tonnes.
• At the Indore spot market in top producer MP, soybean gained 19 Rupees to 3877 Rupees per 100 kgs.

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