EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 25 SEPTEMBER 2018

• Soyabean trading range for the day is 3229-3425.
  
• Soyabean prices dropped amid forecast of bumper soybean crop due to good rains in soybean growing areas.
• However, expectations of improving exports demand for soy meal, capped some losses.
• India’s soybean output is set to jump about 20 percent to over 10 million tonnes in the 2018/2019 crop year that starts in October.
• At the Indore spot market in top producer MP, soybean gained 12 Rupees to 3403 Rupees per 100 kgs.

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