Thursday 18 September 2014

Capital stroke NCDEX Update : SOYABEAN 19 September 2014





Soyabean trading range for the day is 3166-3316.
Soyabean prices ended with losses tracking weakness in spot demand and on cues from oversupplies in the international market.
India's standing soybean crop is in good condition and likely to hit the market by mid-October.
In Madhya Pradesh, soybean acreage stood at 5.54 million hectares down from 6.3 million hectare a year ago.
At the Indore spot market in top producer MP, soybean dropped -62 rupee to 3548 rupee per 100 kgs.

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