Soyabean trading range for
the day is 3774-3886.
Soyabean prices traded in the range due to inconsistent demand for soybean meal.
However, some losses were capped as farmers reducing their sowing area under soybean by 10-20% due to shortage of certified seeds.
NCDEX accredited warehouses soyabean stocks dropped by 230 tonnes to 25445 tonnes.
At the Indore spot market in top producer MP, soybean dropped -5 rupee to 3905 rupee per 100 kgs.
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Soyabean prices traded in the range due to inconsistent demand for soybean meal.
However, some losses were capped as farmers reducing their sowing area under soybean by 10-20% due to shortage of certified seeds.
NCDEX accredited warehouses soyabean stocks dropped by 230 tonnes to 25445 tonnes.
At the Indore spot market in top producer MP, soybean dropped -5 rupee to 3905 rupee per 100 kgs.
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