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Soybean steady on lack of fresh fundamentals

Spot market traded steady on lack of fresh fundamentals on Thursday.

Arrivals were increased slightly at 2500 bags at Indore mandi and 30,000 bags in Madhya Pradesh on Thursday.

CBOT May soybean futures ended higher at $ 9.30/bushels on Thursday, down 27.50 cents/bushels as compared to previous close.

CBOT May Soy meal futures ended lower at $ 249.60 tonnes on Thursday, down $9.10/tonne as compared to previous close.

Spread between March and April contract is Rs -75.00 against previous day of Rs -66.50 per 100 Kg.

Courtesy: Angel Commodities

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MCX Brent Crude Oil 09 March 2012 contract was trading at Rs 5888 . What's your view on it?
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