Soyabean prices dropped on hope of higher demand from United States and Brazil, and on weak demand for Indian soymeal in export market.
Informa Economics raised its estimate of US 2016 soybean planted area to 83.8 million acres compared to its May forecast of 83 million tons.
NCDEX accredited warehouses soyabean stocks dropped by 253 tonnes to 25696 tonnes.
At the Indore spot market in top producer MP, soybean dropped -27 rupee to 3941 rupee per 100 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
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