Sunday 21 September 2014

Capital stroke NCDEX Update : SOYABEAN 22 September 2014



Soyabean trading range for the day is 3046-3246.
Soyabean ended with losses as pressure seen due to improved Indian crop expectations and weakness in International markets.
The sharp fall in prices has been attributed to a record output during 2013-14 in the US, Brazil and Argentina.
Arrivals of soyabean in Madhya Pradesh state gained by 20000 bags of 100kg each to 30000 bags of 100kg each.

At the Indore spot market in top producer MP, soybean dropped -65 rupee to 3483 rupee per 100 kgs.

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