EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 7 MARCH 2019

• Soyabean trading range for the day is 3658-3744.
  
• Soyabean prices ended with gains tracking firmness in spot demand as crushing demand is improving.
• Soymeal exports are higher by 16% at 10.66 lt for the Apr- Jan period compared to last year. In the second advance estimates for 2018- 19.
• During the current season, soybean acreage was up 6.7 per cent to 10.84 million hectare (ha) from 10.16 million ha in the previous season.
• At the Indore spot market in top producer MP, soybean gained 11 Rupees to 3835 Rupees per 100 kgs.

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