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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 08 FEBRUARY 2018

Soyabean trading range for the day is 3569-3769. Soyabean prices ended with gains supported by lower availability of crops due to hoarding and higher demand from crushers.According to the SEA of India, soybean production estimates has been reduced to 8 MMT compared to previous estimates of 9 MMT. NCDEX accredited warehouses soyabean stocks gained by 71 tonnes to 197784 tonnes. At the Indore spot market in top producer MP, soybean gained 127 Rupees to 3687 Rupees per 100 kgs.

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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 08 FEBRUARY 2018

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