Tuesday 27 May 2014

Capital stroke NCDEX Update : SOYABEAN 27 MAY 2014

Soyabean trading range for the day is 4436-4776.
Soyabean ended with losses on muted demand for the bean from domestic oil refineries and plants amid profit taking at higher levels.
Demand for soymeal is weak and hence buying interest for bean by oil crushers is subdued.
NCDEX accredited warehouses soyabean stocks dropped by 1595 tonnes to 8991 tonnes.


At the Indore spot market in top producer MP, soybean dropped -72 rupee to 4604 rupee per 100 kgs.

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