Tuesday, October 22, 2013

EPIC AGRI COMMODITY UPDATE:SOYABEAN




Soyabean trading range for the day is 3477-3561.
Soyabean ended with losses on higher supplies as the weather turned dry in producing areas.
India is likely to export less than 250,000 tonnes of soymeal in October compared with an earlier estimate of 450,000 tonnes
Arrivals of soyabean in Madhya Pradesh state gained by 100000 bags of 100kg each to 500000 bags of 100kg each.
At the Indore spot market in top producer MP, soybean dropped -51 rupee to 3498 rupee per 100 kgs.

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