Soybean prices up in Indore despite higher arrivals.

Soybean is quotes higher in Indore because of a rise in demand from millers. In Madhya Pradesh, arrivals are estimated at 60,000 bags (1bag=100kg), up from 55,000 bags on previous close. Lesser-than-expected arrivals of the oilseed in the state today are seen creating positive sentiment. A rise in soymeal exports during April also supported prices of the oilseed. On the NCDEX, the most active June contract of soybean was up 0.1%.