Thursday, 10 July 2014

Capital stroke NCDEX Update : SOYABEAN 10 July 2014




Soyabean trading range for the day is 3638-3784.
Soyabean ended with losses in the absence of fresh export queries and demand from local oil refiners and plants amid revival of rains.
India soymeal exports fell 99% in June to 2,636 tons on weak global demand, the Solvent Extractors Association said.
Arrivals of soyabean in Maharashtra state dropped by 5000 bags of 100kg each to 15000 bags of 100kg each.
At the Indore spot market in top producer MP, soybean dropped -61 rupee to 4025 rupee per 100 kgs.


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