Tuesday 29 April 2014

Capital stroke NCDEX Update : SOYABEAN 29-April-2014


Soyabean trading range for the day is 4668-4938.
Soyabean ended with gains on lack of bean supplies in the global and domestic market amid weather concerns in India.
India Meteorological Department (IMD) forecast below normal monsoon for 2014 with 60% chances of El-Nino impacting rains.
Arrivals of soyabean in Rajasthan state dropped by 5000 bags of 100kg each to 15000 bags of 100kg each.
At the Indore spot market in top producer MP, soybean gained  145 rupee to 4758 rupee per 100 kgs.
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