Last Updated :
February 10, 2012 14:05
Soyabean steady on lower production estimates, buy NCDEX Soybean Feb above 2500
Soyabean prices settled steady to Rs.2513.50 due to new buoyancy in the future market and lower production expectation in the spot market.
USDA in its daily export sales updates announced that China had purchased 120,000 tonnes of new-crop 2012 soybeans.
These probably represent the first new-crop purchases by China. In Argentina, soybean planting reached 92% complete, which is down from 98% last year for the date.
BUY NCDEX SOYABEAN (FEB) ABOVE 2500 SL 2470 TGT 2550
R1 2550 R2 2580 S1 2475 S2 2435.
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NCDEX REFSOYAOILINDOREJUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
