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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 11 Nov 2016

Soyabean trading range for the day is 2965-3117. Soyabean prices gained on account of the good demand in the spot market against restricted arrivals from producing belts. The SOPA has put India’s soyabean crop at 114.9 lakh tonnes (LT) - about 5% higher than the initial crop estimate of 108.8 LT. NCDEX accredited warehouses soyabean stocks gained by 2615 tonnes to 45197 tonnes. At the Indore spot market in top producer MP, soybean gained 28 rupee to 2933 rupee per 100 kgs.
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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 11 Nov 2016

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