10/01/2015 11:06:00 AM
Soyabean prices dropped as pressure seen due to higher crop output estimate given by the USDA and IGC for the US and Indian soybean crop.
As the new soyabean crop hits the markets of Madhya Pradesh, export prospects for domestic soyameal continues to remain bleak.
Soyabean meal exports dropped sharply to 768 tonnes in August, compared to 2,778 tonnes during the same period last year.
At the Indore spot market in top producer MP, soybean gained 2 rupee to 3489 rupee per 100 kgs. For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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