Soyabean trading range for
the day is 3708-3876.
Soyabean drooped due to expectation of good production in October and reports of higher edible oil imports dented the sentiments.
India's total sowing area under soybean may slip by 4% in 2016 as farmers are bringing more areas under pulses.
NCDEX accredited warehouses soyabean stocks dropped by 1388 tonnes to 15645 tonnes. At the Indore spot market in top producer MP, soybean dropped -24 rupee to 3783 rupee per 100 kgs.
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Soyabean drooped due to expectation of good production in October and reports of higher edible oil imports dented the sentiments.
India's total sowing area under soybean may slip by 4% in 2016 as farmers are bringing more areas under pulses.
NCDEX accredited warehouses soyabean stocks dropped by 1388 tonnes to 15645 tonnes. At the Indore spot market in top producer MP, soybean dropped -24 rupee to 3783 rupee per 100 kgs.
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