Wednesday, 7 May 2014

Capital stroke NCDEX Update : SOYABEAN 7 MAY 2014

Soyabean trading range for the day is 4685-4817.

Soyabean ended with losses on the speculation that warmer weather condition will lead to rising supplies of the crops.

Prices also seen under pressure tracking global cues on reports that the US may import soybean from Brazil to offset historically lower inventories

NCDEX accredited warehouses soyabean stocks gained by 71 tonnes to 15295 tonnes.

At the Indore spot market in top producer MP, soybean gained 3 rupee to 4849 rupee per 100 kgs.
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