Thursday, April 11, 2013

EPIC AGRI COMMODITY UPDATE:SOYABEAN

Soybean trading range for the day is 3979-4197.
Soyabean prices ended with gains tracking gains in spot demand on expectations of a reduction in crushing operations.
Domestic soybean prices are supported by soybean meal demand from poultry feed industry in Maharashtra.
Good soy meal demand from Iran is also supporting the prices and it may continue in coming days.
At the Indore spot market in top producer MP, soybean gained 73 Rs to 4179Re 100 kgs.

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