Soyabean Trading Range For The Day Is 3723-3845

Soyabean trading range for the day is 3723-3845.

 

Soyabean prices gained on short covering and support also seen on demand for crushing may increase in coming weeks.

 

Moreover, setback in monsoon during July and August predicted by global models also support prices as it may affect soybean crop during next season.

 

NCDEX accredited warehouses soyabean stocks dropped by 4392 tonnes to 141302 tonnes.

 

At the Indore spot market in top producer MP, soybean gained 2 Rupees to 3779 Rupees per 100 kgs.

 

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