8/21/2018 01:15:00 PM
- Soyabean trading range for the day is 3313-3407.
- Soyabean prices dropped due to lack of follow-up support on expectations of bumper output.
- Pressure also seen on projection of favourable weather triggered expectation of higher supply while demand from crushers is declining.
- India's 2018-19 soybean sowing grew nearly 10% to 11.17 million hectare until August 17 and overall condition of crop is normal.
- At the Indore spot market in top producer MP, soybean dropped -8 Rupees to 3470 Rupees per 100 kgs.
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