Friday, July 25, 2014

AGRI COMMODITY NEWS UPDATE SOYABEAN 25 - JULY -2014



Soyabean trading range for the day is 3641-3789.
Soyabean ended with small gains on short covering tracking firmness in spot demand after prices dropped due to rains and sowing progress.
Soyabean output last year stood at 11.94 million tonnes over previous year’s 14.66 million tonnes.
NCDEX accredited warehouses soyabean stocks dropped by 1372 tonnes to 21739 tonnes.
At the Indore spot market in top producer MP, soybean gained 2 rupee to 4218 rupee per 100 kgs.

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