Soyabean trading range for
the day is 3784-3946.
Soyabean gained after reports that India’s soybean output is estimated to be the lowest in 11 years in crop year 2015-16.
Soybean output during 2015-16 slipped 27% to 7.5 million tons compared to 10.4 million tons in the previous year, the report said.
NCDEX accredited warehouses soyabean stocks dropped by 793 tonnes to 21284 tonnes.
At the Indore spot market in top producer MP, soybean dropped -34 rupee to 3817 rupee per 100 kgs.
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Soyabean gained after reports that India’s soybean output is estimated to be the lowest in 11 years in crop year 2015-16.
Soybean output during 2015-16 slipped 27% to 7.5 million tons compared to 10.4 million tons in the previous year, the report said.
NCDEX accredited warehouses soyabean stocks dropped by 793 tonnes to 21284 tonnes.
At the Indore spot market in top producer MP, soybean dropped -34 rupee to 3817 rupee per 100 kgs.
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