Last Updated :
February 23, 2012 12:05
Buy NCDEX March soybean above at Rs.2600:Edelweiss
Soyabean prices settled down by 1.35 percent to Rs.2595 due to profit booking despite waning vegetable oil imports along with strong cues from international waning vegetable oil imports along with strong cues from international market.
Moreover, supply concerns from Brazilian soyabean crop also added some gains in domestic market.
The Brazilian crop bureau, Conab lowered its estimate of the 2011/12 soybean crop to 69.23 million tonnes in its fifth monthly evaluation of the Brazilian crops which is 8% lower than the 75.3 million tonnes produced in 2010/11.
BUY NCDEX SOYABEAN (MARCH) ABOVE 2600 SL 2575 TGT 2655
R1 2630 R2 2655 S1 2575 S2 2555.
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NCDEX CHANAJUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
