Soyabean trading range for the day is 3740-3824.
Soyabean 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 2890 tonnes to 31150 tonnes.
At the Indore spot market in top producer MP, soybean dropped -1 Rupees to 3786 Rupees per 100 kgs.
Subscribe now for best MCX Tips and NCDEX Tips
For quick free trial click here > 911 133 9000
Soyabean 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 2890 tonnes to 31150 tonnes.
At the Indore spot market in top producer MP, soybean dropped -1 Rupees to 3786 Rupees per 100 kgs.
Subscribe now for best MCX Tips and NCDEX Tips
For quick free trial click here > 911 133 9000

No comments:
Post a Comment