Wednesday 27 August 2014

Capital stroke NCDEX Update Update : SOYABEAN 27-AUG-2014


Soyabean trading range for the day is 3281-3389.
Soyabean dropped as ongoing expectations for a record U.S. harvest weighed.
The prices will remain under pressure as there has been some good sowing progress.
US Soybean sowing for the August is forecasted at a record 3.82 billion bushels, data by United States Department of Agriculture showed.
At the Indore spot market in top producer MP, soybean dropped -22 rupee to 3749 rupee per 100 kgs.
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