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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 15 June 2018

Soyabean trading range for the day is 3361-3515.

Soyabean prices gained on short covering tracking firmness in spot demand after prices dropped on reports of higher acreage for next season.

EU 2017/18 soybean imports had reached 12.6 million tonnes by June 5, down 4 percent from 13.1 million tonnes a year earlier, official data showed.

NCDEX accredited warehouses soyabean stocks dropped by 250 tonnes to 15997 tonnes.

At the Indore spot market in top producer MP, soybean gained 55 Rupees to 3527 Rupees per 100 kgs.

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This post first appeared on Mcx And NCDEX Updates By Epic Research, please read the originial post: here

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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 15 June 2018

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