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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 17 July 2018

Soyabean trading range for the day is 3227-3413.

* Soyabean dropped amid projection of favourable weather triggered expectation of higher supply while demand from crushers is declining.

* In a bid to help farmers to get better prices for their produce and to promote exports, Indian government hiked incentives on soymeal export to 10%.

* NCDEX accredited warehouses soyabean stocks gained by 211 tonnes to 7286 tonnes.

* At the Indore spot market in top producer MP, soybean gained 4 Rupees to 3553 Rupees per 100 kgs.
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EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 17 July 2018

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