Futures contracts of all components of the edible oil basket on the domestic exchanges edged higher. Soybean contract on National Commodity & Derivatives Exchange closed 1.6% higher because of a lag in sowing in major growing […]
India Edible Oil: Rises; soybean up as sowing delayed on tardy rains
Futures contracts of all components of the edible oil basket on the domestic exchanges rose. Soybean contract on National Commodity & Derivatives Exchange settled higher because a delayed monsoon has hit sowing in key growing areas. […]
Indore Soybean
Soybean prices were steady at closed on limited buying support at higher prices. Soy oil prices were down further at closed on poor buying support against increased selling. Soy meal prices were steady at closed on […]
NCDEX soybean hits 6-month low on rains in key states
The July soybean contract of soybean hit a six-month low of 3,530 rupees per 100 kg on NCDEX on expectation that heavy rains in Madhya Pradesh and Maharashtra will lift output. Madhya Pradesh and Maharashtra are […]
Soybean futures fall on weak spot demand
Soybean prices fell by Rs 40, to Rs 3,626 per quintal in futures trade Thursday after participants cut down their bets tracking negative cues from the physical market. Besides, muted demand for soybean attributed the fall […]
Soybean settles up as Cabinet hikes MSP
The July soybean contract on the National Commodity & Derivatives Exchange closed 0.6% higher after the government today raised minimum support price for the crop grown in 2019-20 (Jul-Jun), analysts said. The cabinet approved a hike […]
India soybean area down 68% YoY at 274,000 ha
The July soybean contract on National Commodity & Derivatives Exchange closed 1.5% lower today following progress in monsoon in key growing areas of the country. Monsoon current entered into east Rajasthan, covered most parts of Madhya […]
India soybean area down 68% YoY at 274,000 ha
Farmers in the country have sown soybean across 274,000 ha as of Thursday, down 68% from the year-ago period, according to the farm ministry data. A lag in sowing in key growing areas was due to […]
India Edible Oil: Rises; soybean extends gains on firm spot demand
Futures contracts of all components of the edible oil basket on domestic exchanges rose. Extending gains from the previous session, the July soybean contract on National Commodity & Derivatives Exchange ended higher due to a rise […]
India Edible Oil: Most up; soybean settles higher on firm CBOT cues
Futures contracts of all components of the edible oil basket, barring crude palm oil, rebounded on domestic exchanges. After hitting seven-week low of 3,587 rupees per 100 kg in previous session, the July soybean contract on […]
India soybean area down 57% YoY at 53,400 ha
Farmers in the country have sown soybean across 53,400 ha as, down 57% from the year-ago period. Absence of monsoon rains has halted sowing operations in key growing areas of Madhya Pradesh and Rajasthan, the top […]
Soybean prices in Indore fall on subdued demand
Soybean prices in Indore fell due to a decline in demand from millers and stockists. However, a decline in arrivals limited the fall in prices. In Indore, the oilseed was sold at 3,860 rupees per 100 […]
Soybean prices in Indore rose due to a pick-up in demand
Soybean prices in Indore rose due to a pick-up in demand and a decline in arrivals. In Indore, the oilseed was sold at 3,880 rupees per 100 kg, up 15-20 rupees from previous day. Arrivals in […]
NCDEX soybean hits over 7-week low on weak spot buys
The July soybean contract hit an over seven-week low of 3,607 rupees per 100 kg on NCDEX due to weak demand at spot markets. The contract, however, pared losses and was down 0.7% at 3,618 rupees. […]
Soybean sown across 37,000 ha
Farmers in the country have sown soybean across 37,000 ha, over half of what was planted during same period last year. A delay in the onset of monsoon by around a fortnight in key growing areas […]
Soyabean prices reported higher in Nagpur
Soyabean prices reported higher in Nagpur (APMC) on good buying support from local crushing plants amid thin supply from producing regions. Notable rise in Madhya Pradesh soyabean prices and repeated enquiries from South-based plants also boosted […]
Soybean contract on the NCDEX settled higher
The July soybean contract on the National Commodity & Derivatives Exchange settled around 0.7% higher due to slow monsoon progress in the country, analysts said. The very severe cyclonic storm ‘Vayu’ set to hit Gujarat coast […]
Soybean prices down in Indore on subdued demand
Prices of soybean fell in Indore due to weak demand from millers and bulk buyers. Steady arrivals, however, capped the decline in prices. In Indore, soybean was sold at 3,870 rupees per 100 kg, down by […]
Soybean Nagpur saw negligible change in the edible oil
There was negligible change in the edible oil pattern of trading in the Vidarbha region of Western Maharashtra as prices hovered around last levels in absence of any worthwhile moving factors. Restricted arrivals against sporadic demand […]
NCDEX soybean hits near 5-month low on high output view
The June soybean contract on NCDEX hit a near five-month low of 3,603 rupees per 100 kg due to a rise in India’s soybean output estimate for 2018-19 (Jul-Jun). The government, in its third advance crop […]