Soyabean trading range for the day is 3312-3384.
Soyabean prices dropped on oversupply woes of the bean from South America and on subdued demand for the crop in export market.
World soybean supply in 2014-2015 is expected to rise by 9.85% to 312 million tons compared to 284 million tons in the same period a year ago.
The USDA maintained US, 2014-15 production estimates to 108 million tons unchanged from the previous estimates and 91.4 million tons a year ago.
At the Indore spot market in top producer MP, soybean dropped -12 rupee to 3379 rupee per 100 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
Soyabean prices dropped on oversupply woes of the bean from South America and on subdued demand for the crop in export market.
World soybean supply in 2014-2015 is expected to rise by 9.85% to 312 million tons compared to 284 million tons in the same period a year ago.
The USDA maintained US, 2014-15 production estimates to 108 million tons unchanged from the previous estimates and 91.4 million tons a year ago.
At the Indore spot market in top producer MP, soybean dropped -12 rupee to 3379 rupee per 100 kgs.Visit Here
http://www.epicresearch.co
GET FREE TRIAL +91 731 6642300
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