10/05/2018 11:47:00 AM
- Soyabean trading range for the day is 3225-3317.
- Soyabean prices ended with gains on expectations of improving exports demand for soy meal.
- India's soybean production is seen rising 25% to 10.4 mln tn in 2018-19 (Jul-Jun), bolstered by favourable weather in major growing areas.
- Congenial weather for most part of the season has led to increase in soybean acreage in India and yields are also seen higher.
- At the Indore spot market in top producer MP, soybean gained 64 Rupees to 3216 Rupees per 100 kgs.
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