Monday, March 02, 2015

NCDEX AGRI COMMODITY NEWS UPDATE SOYABEAN 02 - MARCH - 2015

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Soyabean trading range for the day is 3351-3405.
Soyabean prices gained on account of improved demand in the domestic market.
Furthermore, tight supply after the United States Department of Agriculture (USDA) trimmed US soybean production forecast also supported.
India soymeal exports in the month of January dropped 71.34% from a year earlier on higher prices of the soybean in the local market.


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