Wednesday, February 15, 2017

Soyabean trading range for the day is 2990-3050. Soyabean prices dropped on expectation of sufficient supplies in the domestic market.  Pressure also seen as good weather in South America bolstered expectations of a bumper harvest in Brazil and Argentina. NCDEX accredited warehouses soyabean stocks gained by 3253 tonnes to 203781 tonnes. At the Indore spot market in top producer MP, soybean dropped  -7 Rupees to 3034 Rupees per 100 kgs. 
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