Thursday, February 26, 2015

NCDEX AGRI COMMODITY NEWS UPDATE SOYABEAN 26 - FEB - 2015

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Soyabean trading range for the day is 3341-3439.
Soyabean prices dropped on subdued demand for the crop in export market and on higher supply of the crop from America and Argentina.
Prices of the bean fell on subdued demand for Indian soymeal in export market and on oversupply.
Conab has cut trimmed its Brazilian forecast for the 2014/15 soybean crop, which is under harvest, to 94.6 million tonnes


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