Soyabean trading range for the day is 3322-3488.
Soyabean prices dropped on oversupply woes in export and international market and on subdued demand.
Soybean sowing stood at 9.56 million hectare versus 1.95 million hectare a year ago as Madhya Pradesh the largest producing state got timely rains.
The USDA hiked US, 2015-16 production estimates to 105.7 million tons compared to 104.8 in the previous month estimates.
At the Indore spot market in top producer MP, soybean dropped -81 rupee to 3421 rupee per 100 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
Soyabean prices dropped on oversupply woes in export and international market and on subdued demand.
Soybean sowing stood at 9.56 million hectare versus 1.95 million hectare a year ago as Madhya Pradesh the largest producing state got timely rains.
The USDA hiked US, 2015-16 production estimates to 105.7 million tons compared to 104.8 in the previous month estimates.
At the Indore spot market in top producer MP, soybean dropped -81 rupee to 3421 rupee per 100 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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