- Soybean futures closed little higher on Thursday on bargain buying but expectation of adequate supplies in physical markets capped further gain.
- The oil millers are active at lower prices. Soybean in spot market gets some boost from increase in meal exports.
- As per SEA monthly release, India exported 207,977 tonnes soymeal in February, up from 29,950 tonnes in the yearago period.
- The exports were higher this year as prices of Indian soymeal are more competitive.
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