Thursday, January 19, 2017

Soyabean trading range for the day is 3131-3235. Soyabean prices dropped on profit booking after prices gained on concerns over excessive rains hitting Argentina's soybean crop. However, an increase of 60 percent in production is estimated in the 2016-17 season compared to previous year. NCDEX accredited warehouses soyabean stocks gained by 1938 tonnes to 160185 tonnes. At the Indore spot market in top producer MP, soybean gained 15 rupee to 3146 rupee per 100 kgs.

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