8/30/2018 01:09:00 PM
- Soyabean trading range for the day is 3145-3215.
- Soyabean gained on short covering after prices dropped due to forecast of beneficial rains in central India which will enhance soybean production.
- The area under soybean in the country up 6% at 11.13 lakh ha as of last week compared to last year sowing.
- Earlier, government has increased the export incentives on soymeal to 10% of the free-on-board value from the current 7% till Mar 31.
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