Capital stroke NCDEX Update : SOYABEAN 28 MAY 2014

Soyabean trading range for the day is 4468-4608.Soyabean ended with losses on subdued demand for from oil refineries and plants amid expectations of higher sowing in United States.Also, buyers are cautious amid fear of tough steps on inflation by the new government.Demand for soymeal is weak and hence buying interest for bean from oil crushers is subdued.At the Indore spot market in top producer MP, soybean dropped -95 rupee to 4509 rupee per 100 kgs.

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