Friday 23 May 2014

Capital stroke NCDEX Update : SOYABEAN 23 MAY 2014

Soyabean trading range for the day is 4490-4756.
Soyabean ended with gains on expectations of increase in demand in the spot market.
Prices were supported by the tightest U.S. soybean stocks in a decade and persistent demand from both exporters and domestic processors.
NCDEX accredited warehouses soyabean stocks dropped by 509 tonnes to 13114 tonnes.


At the Indore spot market in top producer MP, soybean gained 34 rupee to 4657 rupee per 100 kgs.
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