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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 4 Oct 2016

Soyabean trading range for the day is 3213-3319. Soyabean prices dropped on profit booking after gaining earlier due to increased demand in the spot market. Pressure also seen on prices as the United States harvesting season of the record crop is in progress. Private exporters had sold 120,000 tons of soybeans for delivery to China during the 2016-17 crop years. At the Indore spot market in top producer MP, soybean gained 28 rupee to 3244 rupee per 100 kgs.

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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 4 Oct 2016

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