Last Updated : February 02, 2012 10:45
CBOT Updates: Soybean surges on fresh exports
CHICAGO (Commodity Online): US soybean futures rallied, continuing to retrace losses from earlier in the week.
Commodity friendly external market influences and confirmation of fresh export business with China fueled the price gains, analysts say.
Buyers were also encouraged by continued uncertainty about South American crop potential, as private forecasters continue to lower their crop estimates, analysts say.
Soybeans remain firmly planted within a month long wide trading range, with traders awaiting lasting fundamental direction. CBOT March soy ended up 16 1/4c at $12.15 1/4 a bushel.
Courtesy: CME Group
NCDEX GOLDINTLJUL2012 30 July 2012
contract was trading at
Rs 0 . What's your view on it?
