Friday, May 10, 2019

EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 10 MAY 2019


  • Soyabean trading range for the day is 3701-3773.
  • Soyabean gained amid hopes of emergence of soymeal demand from China.
  • China has curtailed its imports of soybean from the US after the Washington imposed tariff on Chinese goods.
  • However, upside seen limited due to forecast of near normal monsoon forecast by IMD.
  • At the Indore spot market in top producer MP, soybean gained 53 Rupees to 3828 Rupees per 100 kgs.

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