EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 11 APRIL 2018

• Soyabean trading range for the day is 3808-3902.
  
• Soyabean prices dropped on reports of normal monsoon and higher acreage for soybean in the next season.
• China's agriculture ministry said it expects soybean supplies to be "basically normal" in the short-term after Beijing proposed a 25 percent tariff on U.S. imports.
• NCDEX accredited warehouses soyabean stocks gained by 50 tonnes to 120255 tonnes.
• At the Indore spot market in top producer MP, soybean dropped -31 Rupees to 3872 Rupees per 100 kgs.

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