Friday, June 12, 2015

Soyabean trading range for the day is 3624-3798.

Soyabean prices dropped on weak demand for Indian soymeal in export market and on easing supply worries in domestic market.

Prices were under pressure after India soymeal exports in the month of April-May dropped 67.31% from a year earlier

USDA maintained 2015-16 United States soybean production forecast and trimmed its forecast for ending stockpiles


At the Indore spot market in top producer MP, soybean dropped -61 rupee to 3771 rupee per 100 kgs.

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