Indore soybean prices down on lower meal exports.

Prices of soybean in Indore fell due to lower exports of soymeal from the country. Soymeal exports in July declined to 30,678 tonne as compared to 45,975 tonne in June. There is lower demand for the meal in the local and overseas market, which is seen weighing on the sentiments. In Indore, the benchmark market for the oilseed, soybean was down 8-10 rupees. The most active October futures were up 0.3%.