Tuesday, 5 August 2014

Capital stroke NCDEX Update : SOYABEAN 5 August 2014



Soyabean trading range for the day is 3601-3721.
Soyabean ended with losses on subdued exports of soymeal and weak cues from global markets.
However downside seen limited on good demand from crushers followed up strong dollar against
domestic currency

India soybean sowing until Aug 1 at 9.53 million hectare compared to 11.73 million hectare for the corresponding period a year ago.

At the Indore spot market in top producer MP, soybean dropped -34 rupee to 4072 rupee per 100 kgs.

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