Tuesday 17 June 2014

Capital stroke NCDEX Update : SOYABEAN 17 June 2014




Soyabean trading range for the day is 4073-4369.
Soybean dropped on profit after booking gaining tracking firmness in spot demand because of fear of low rains in the coming days and weak supplies.
The demand for soybean seed ahead of the new Kharif season is also supporting the prices.
NCDEX accredited warehouses soyabean stocks gained by 4406 tonnes to 18392 tonnes.

At the Indore spot market in top producer MP, soybean dropped -27 rupee to 4336 rupee per 100 kgs.

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