Soyabean trading range for the day is 3676-3758.
* Soyabean settled down tracking weakness in spot demand on higher off-season arrivals and higher production forecasts.
* India’s soybean output is higher by 38% at 114.8 lakh tonnes this year due to increase in average yield across the country.
* Reports showed soymeal exports from India are expected to rise 25% on year to around 15 lakh tonnes in 2018-19
* At the Indore spot market in top producer MP, soybean dropped -32 Rupees to 3810 Rupees per 100 kgs.
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