EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 4 OCTOBER 2018

• Soyabean trading range for the day is 3167-3293.
  
• Soyabean prices ended with gains on expectations of improving exports demand for soy meal.
• India's soybean production is seen rising 25% to 10.4 mln tn in 2018-19 (Jul-Jun), bolstered by favourable weather in major growing areas.
• India's total soymeal exports in 2017-18 (Oct-Sep) were around 2.0 mln tn, according to data from the Soybean Processors' Association of India.
• At the Indore spot market in top producer MP, soybean gained  7 Rupees to 3152 Rupees per 100 kgs.

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