Tuesday, September 10, 2013

EPIC AGRI COMMODITY UPDATE : SOYABEAN

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Soyabean trading range for the day is 3418-3552.
Soyabean prices ended with losses tracking weakness in spot and domestic crop nearing harvest.
On domestic front, harvest is likely to start in next 7-10 days which means increased arrivals.
The prices also got some support from a slight improvement in export demand for soymeal.
At the Indore spot market in top producer MP, soybean dropped -2 rupee to 3577 rupee per 100 kgs.

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