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.
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.
No comments:
Post a Comment