Thursday 18 July 2019

Soyabean Trading Range For The Day Is 3617-3661

Soyabean trading range for the day is 3617-3661.

Soyabean prices gains as support seen after IMD said India may receive below-average rainfall in the next two weeks with a large deficit in the soybean regions.

Government hike minimum support price by 9% or 311 rupees to 3,710 per 100 kg for 2019/20.

China's soybean imports fell 25% in June from the same month last year, according to customs data.

At the Indore spot market in top producer MP, soybean dropped -5 Rupees to 3692 Rupees per 100 kgs.

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