- Soyabean trading range for the day is 3370-3420.
- Soyabean prices gained tracking firmness in overseas prices and spot prices on reports of good meal exports.
- Indian government increased export subsidy on soymeal from 7% to 10% to make it competitive in international market.
- The area under soybean in the country increased by 10.6% at 10.9 lakh ha as of last week compared to last year sowing.
- At the Indore spot market in top producer MP, soybean dropped -5 Rupees to 3550 Rupees per 100 kgs.
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