Soybean January contract extended the losses of the previous day and settled 0.3% lower on Friday taking cues from the weak international markets.Total soybean arrivals declined sharply to 1.9 lakh bags on
Wednesday compared with 3.1 lakh bags on Saturday last week, while demand from solvent extractors remained strong. According to first advance estimates, Soybean output is pegged at 126.2 lakh
tn for 2012-13.
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