Friday, 13 June 2014

Capital stroke NCDEX Update : SOYABEAN 13 June 2014




Soyabean trading range for the day is 4434-4586.
Soyabean dropped on late profit booking after gaining on slack local supplies amid spot demand and bullish cues from the international market.
Globally, soybean prices rose to its highest in a week as US stockpiles showed a declining trend amid rising demand.
NCDEX accredited warehouses soyabean stocks dropped by 1239 tonnes to 13623 tonnes.

At the Indore spot market in top producer MP, soybean gained 3 rupee to 4623 rupee per 100 kgs.

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