Soyabean trading range for the day is 3566-3922. Soyabean dropped due to profit booking after prices gained tracking global cues amid supply concerns and demand hope. Government of Madhya Pradesh, trimmed its 2017-18 soybean output forecast by 23% to 5.3 million tons from 6.9 million tons in its second advanced estimates. NCDEX accredited warehouses soyabean stocks dropped by 1262 tonnes to 210936 tonnes. At the Indore spot market in top producer MP, soybean dropped -5 Rupees to 3858 Rupees per 100 kgs.
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