Friday, 31 May 2019

Soyabean Dropped On Profit Booking Amid Slack Demand Of Soymeal

Soyabean trading range for the day is 3660-3742. 

Soyabean dropped on profit booking amid slack demand of soymeal for export and domestic market.

SEA revised March 2018 exports figures to 2.15 lt which is highest single month exports in last 26 months.

Market participants are cautious and are keenly watching the progress of monsoon to get fresh directions.

At the Indore spot market in top producer MP, soybean remains unchanged at 0 Rupees to 3878 Rupees per 100 kgs.

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