Soyabean dropped on profit booking after prices rose on expectation of better demand for crushing from oil mills as government is planning to hike import duties.
India's soybean arrivals slipped to 400,000 ton from 500,000 ton in the previous month showing a fall of 20%.
NCDEX accredited warehouses soyabean stocks dropped by 4475 tonnes to 34040 tonnes.
At the Indore spot market in top producer MP, soybean gained 27 Rupees to 3787 Rupees per 100 kgs.
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