Friday, 9 May 2014

Capital stroke NCDEX Update : SOYABEAN 9 MAY 2014

Soyabean trading range for the day is 4723-4803.
Soyabean ended with losses on account of subdued demand in the spot market. 
There are reports that US may import soybean from other countries to increase domestic supplies which will weigh.
Chinese imports of soybeans hit their highest so far this year in April, climbing 63.5 percent from the same month in 2013.
At the Indore spot market in top producer MP, soybean dropped  -22 rupee to 4841 rupee per 100 kgs.
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