Monday, September 17, 2018

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 17 SEPTEMBER 2018


  • Soyabean trading range for the day is 3216-3298.
  • Soyabean prices ended with losses tracking weakness in spot demand amid hopes of bumper crops.
  • Government is likely to announce Rs 10,000 Crore package to ensure MSP to oilseeds farmers.
  • USDA has hiked 2018-19 estimates for the US soybean production and ending stockpiles for September.
  • At the Indore spot market in top producer MP, soybean dropped -31 Rupees to 3409 Rupees per 100 kgs.

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