- Soyabean trading range for the day is 3704-3826.
- Soyabean prices gained on short covering after prices dropped driven by higher projection of 2018-19 soybean output.
- India, 2018-19 soybean output is projected higher at 13.45 million tons from 10.98 million tons, according to data from agriculture ministry.
- India’s total soybean output standing at 11.48 million tonnes during the ongoing harvesting season as compared to 8.36 million tonnes in the previous season.
- At the Indore spot market in top producer MP, soybean gained 5 Rupees to 3831 Rupees per 100 kgs.
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