Soyabean trading range for the day is 3174-3324.
Soyabean prices dropped due to selling pressure triggered by weak demand in the spot market.
Moreover, a spell of rains persistent since last two days in soya-growing areas has brought fresh hopes of higher production.
Trading sentiments weakened further on report that the soymeal exports are expected to fall to a decade low in the current financial year.
At the Indore spot market in top producer MP, soybean dropped -52 rupee to 3649 rupee per 100 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
Soyabean prices dropped due to selling pressure triggered by weak demand in the spot market.
Moreover, a spell of rains persistent since last two days in soya-growing areas has brought fresh hopes of higher production.
Trading sentiments weakened further on report that the soymeal exports are expected to fall to a decade low in the current financial year.
At the Indore spot market in top producer MP, soybean dropped -52 rupee to 3649 rupee per 100 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
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