Thursday, February 9, 2017

Soyabean trading range for the day is 3060-3100. Soyabean prices gained on expectation of sharp gain in the export order for soymeal and due to higher production. SOPA reported India soybean meal exports during the month of January at 155,000 tons against 241,000 tons a month ago. NCDEX accredited warehouses soyabean stocks gained by 1863 tonnes to 191423 tonnes. At the Indore spot market in top producer MP, soybean dropped  -2 Rupees to 3075 Rupees per 100 kgs. 
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