Wednesday, May 11, 2016

Soyabean trading range for the day is 3912-4130.
Soyabean prices dropped owing to lack of consistency in demand for soybean meal and slowing demand for refined soy oil.
According to USDA, U.S. soybean sowing rose to 23 percent planted which is above 5-year average of 16 percent and last week figure of 8 percent.
NCDEX accredited warehouses soyabean stocks dropped by 527 tonnes to 49530 tonnes.
At the Indore spot market in top producer MP, soybean dropped -25 rupee to 4102 rupee per 100 kgs.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

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