EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 31 JANUARY 2019

• Soyabean trading range for the day is 3792-3902.
  
• Soyabean prices gained due to improving physical demand tracking higher exports of soybean meal.
• Soybean output in Madhya Pradesh is seen rising 35.3% to 7.20 mln tn during 2018-19 (Jul-Jun).
• NCDEX accredited warehouses soyabean stocks gained by 2219 tonnes to 145656 tonnes.
• At the Indore spot market in top producer MP, soybean gained 2 Rupees to 3919 Rupees per 100 kgs.

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