EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 26 SEPTEMBER 2018

• Soyabean trading range for the day is 3249-3335.
  
• Soyabean prices remained under pressure on expectation of bumper crop during next season.
• The area under soybean in the country up 6.3% at 112.6 lakh ha as of last week compared to last year sowing.
• India's soy meal exports down 32% on year to 59,643 tn in August due to dull demand from major importers.
• At the Indore spot market in top producer MP, soybean dropped  -17 Rupees to 3386 Rupees per 100 kgs.

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