Soyabean Trading Range For The Day Is 3725-3839

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Soyabean trading range for the day is 3725-3839.

 

Soyabean prices recovered on short covering after prices dropped tracking weakness in spot demand on concern over lower soymeal exports.

 

India’s soybean imports are likely to touch record level following lower output in the domestic market this season.

 

NCDEX accredited warehouses soyabean stocks dropped by 1780 tonnes to 160856 tonnes.

 

At the Indore spot market in top producer MP, soybean dropped -23 Rupees to 3803 Rupees per 100 kgs.

 

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