EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 9 MAY 2018

• Soyabean trading range for the day is 3668-3740.
  
• Soyabean prices dropped amid higher arrivals of soybean in the physical market and stagnant meal exports and normal rains in the coming monsoon season.
• China's April soybean imports fell 13.7 percent from the same month a year earlier to 6.9 million tonnes, according to customs data.
• NCDEX accredited warehouses soyabean stocks dropped by 660 tonnes to 55021 tonnes.
• At the Indore spot market in top producer MP, soybean dropped  -1 Rupees to 3728 Rupees per 100 kgs.

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