Soyabean trading range for the day is 3060-3196.
Soyabean prices dropped on profit booking after prices gained earlier due to lower supply in global market and on improvement in demand from China.
Informa Economics has forecasted US soybean production at 3.789 billion bushels, down USDA's July forecast of 3.885 billion.
NCDEX accredited warehouses soyabean stocks dropped by 3636 tonnes to 3862 tonnes.
At the Indore spot market in top producer MP, soybean gained 19 rupee to 3335 rupee per 100 kgs.
For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
Soyabean prices dropped on profit booking after prices gained earlier due to lower supply in global market and on improvement in demand from China.
Informa Economics has forecasted US soybean production at 3.789 billion bushels, down USDA's July forecast of 3.885 billion.
NCDEX accredited warehouses soyabean stocks dropped by 3636 tonnes to 3862 tonnes.
At the Indore spot market in top producer MP, soybean gained 19 rupee to 3335 rupee per 100 kgs.
For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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