Tuesday, 12 August 2014

Capital stroke NCDEX Update : SOYABEAN 13 August 2014



Soyabean trading range for the day is 3530-3610.
Soyabean settled up 0.34% at 3579 on strong China demand for US soybean amid caution ahead of monthly production and stockpiles data by USDA.

However upside seen limited on account of dull demand owing to favorable weather condition for soybean crop.

Arrivals of soyabean in Madhya Pradesh state dropped by 13000 bags of 100kg each to 22000 bags of 100kg each.

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