Indore soybean up on lower supply, higher demand

Prices of soybean were up in Indore because of an increase in demand from the crushers and lower supplies of the oilseed. In Madhya Pradesh, although arrivals were unchanged at 50,000 bags (1 bag= 100 kg), they were lower than average arrivals of 70,000-80,000 bags seen in the last week. Arrivals of soybean in Madhya Pradesh were lower than the average because some of the markets are closed on account of Amavasya,