Wednesday 26 June 2019

Soyabean Gained Amid Fear Of Delay In The Arrival Of Monsoon Rains

Soyabean trading range for the day is 3582-3676.

Soyabean gained amid fear of delay in the arrival of monsoon rains in producing regions. 

However, upside seen limited amid higher supplies in domestic market because of increased 2018-19 output.

As per latest SOPA press release, soybean arrivals for the Oct-Apr period pegged at 81 lt, up by 21.8% on year.

At the Indore spot market in top producer MP, soybean gained 2 Rupees to 3725 Rupees per 100 kgs.

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