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Wednesday, January 15, 2014

EPIC AGRI COMMODITY UPDATE:SOYABEAN



Soyabean trading range for the day is 3569-3675.
Soyabean ended with losses on expectation of higher global supplies amid reports of improved weather condition in South America.
Domestic cues continue to be weak and weak global factor will support the downward movement.
Arrivals of soyabean in Madhya Pradesh state dropped by 10000 bags of 100kg each to 80000 bags of 100kg each.
At the Indore spot market in top producer MP, soybean dropped -16 rupee to 3702 rupee per 100 kgs.

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