Friday, May 03, 2013

EPIC AGRI COMMODITY UPDATE:SOYBEAN

 

Soybean trading range for the day is 3720-3850.
Soyabean ended with losses amid low domestic demand and absence of cues from overseas markets.
The forecast for a normal monsoon and a weak meal export demand is also putting pressure on prices.
NCDEX accredited warehouses soyabean stocks dropped by 30 tonnes to 10963 tonnes.
At the Indore spot market in top producer MP, soybean dropped -53 Rs to 3971Re 100 kgs.

 

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