Indore soybean price unchanged at 38,000 rupees ton. Soybean prices reported strong in Nagpur (APMC) on increased demand from local crushing plants. Good recovery in Madhya Pradesh soybean prices and reported demand from South-based plants also […]
Soybean prices in Indore increased due to a rise
Soybean prices in Indore increased due to a rise in purchases by crushing units amid a decline in arrivals. In Indore, the oilseed was sold at 3,830-3,840 rupees per 100 kg, up 10 rupees from previous […]
Soybean prices in Indore fell marginally
Soybean prices in Indore fell marginally because crushing units reduced their purchases as they have enough stocks. A fall in arrivals, however, limited a sharp decline in prices. In Indore, the oilseed was sold at 3,820-3,830 […]
Soybean prices reported down
The May soybean contract on NCDEX hit a one-week low of 3,655 rupees per 100 kg due to subdued spot demand from crushing units. the contract pared losses and was at 3,689 rupees per 100 […]
Soybean futures settled lower on NCDEX
Soybean futures settled lower on NCDEX the National Commodity and Derivatives Exchange due to hope of higher production in 2019-20 (Jul-Jun) following India Meteorological Department forecast of a “near normal” monsoon. Higher imports of edible oil […]
NCDEX May Soybean fell more than 0.6% to close at 3,755 rupees per 100 kg
NCDEX May Soybean fell more than 0.6% to close at 3,755 rupees per 100 kg as market participants book profits on forecast of near normal monsoon forecast by IMD in the afternoon. Moreover, higher imports of […]
Soybean futures on the NCDEX ticked lower because of weak demand.
Soybean futures on the National Commodity and Derivatives Exchange ticked lower because of weak demand from crushing plants. However, any sharp fall was limited by a rise in exports of soymeal. Soymeal exports rose nearly 13% […]
Soybean prices in Indore rise on strong demand.
Soybean prices in Indore rose due to strong demand from crushing units amid steady arrivals. In Indore, the oilseed was sold at 3,800-3,810 rupees per 100 kg, up 10-15 rupees. Arrivals in Madhya Pradesh, the largest […]
Indore soybean prices flat on weak arrivals, demand.
Soybean prices in Indore were largely steady due to weak demand from crushing units and exporters amid lower arrivals. In Indore, the oilseed was sold at 3,780-3,790 rupees per 100 kg, steady from previous close.Arrivals in […]
Soybean prices on NCDEX are seen rising in April owing to firm oilmeal demand.
Soybean prices on National Commodity and Derivatives Exchange are seen rising in April owing to firm oilmeal demand from poultry feed sector and exporters. April soybean contract on the NCDEX was at 3,769 rupees per 100 […]
May 19 Soybeans closed at $8.84 1/4, down 5 1/4 cents,
Soybean futures faded late in the day to close 3 1/2 to 5 1/4 cents lower. Nearby meal settled UNCH despite the slumping corn market. Soy oil was down 27 points. NASS put soy stocks at […]
May 19 Soybeans closed at $8.89 1/2, up 2 cents,
Soybean futures saw fractional to 2 cent gains in the front months on Thursday. Meal futures were up $2.10/ton, with soy oil 19 points lower. Wire reports are showing that US exporters sold 1.5 MMT of […]
Soybean futures posted losses of 12 to 13 1/4 cents in the nearby contracts.
Soybean futures posted losses of 12 to 13 1/4 cents in the nearby contracts on Wednesday on position squaring ahead of Friday’s reports. Weakness in the South American currencies was also seen as pressure. Meal futures […]
Soybean futures closed the Tuesday session with most contracts 4 to 5 3/4 cents lower.
Meal futures were down $4.10/ton, with soy oil down 17 points. Ahead of Friday’s USDA Planting Intentions report, traders are expecting US producers to plant 86.17 million soybean acres in 2019. If realized, that would be […]
Soybean futures saw 2 to 2 3/4 cent gains in the front months.
Soybean futures saw 2 to 2 3/4 cent gains in the front months on Monday. Meal futures were up a dime/ton, with soy oil 16 points higher. USDA indicated that 857,970 MT of soybeans were exported […]
Soybean Prices are likely to remain bearish
Soybean Prices are likely to remain bearish due to subdued demand from crushing plants. Indore oilseed was sold at 3,820-3,825 rupees per 100 kg, down 20-25 rupees previous close. NCDEX The April soybean contract hit an […]
Soybean prices rise in Indore as demand improves.
Soybean prices rose in Indore due to improved demand from crushing units and exporters. In Indore, the oilseed rose 10 rupees to 3,840 rupees per 100 kg. Arrivals in Madhya Pradesh were pegged at 70,000 bags […]
Soybean seen down on subdued spot demand.
Futures contracts of all components of the edible oil basket are likely to ease on the domestic exchanges in the coming week. Soybean contracts are expected to fall on the National Commodity and Derivatives Exchange due […]
NCDEX Mar soybean hits 1-wk low on weak spot buys
The front month March soybean contract on NCDEX hit a one-week low of 3,634 rupees per 100 kg due to weak demand from crushing units and exporters at key spot markets. In Indore, the benchmark market […]
Spot soybean prices steady on lower demand, arrivals.
Soybean price in key spot markets were steady due to subdued demand from crushing units amid weak arrivals. Demand for the oilseed weakened due to a decline in soymeal exports in February. During February, India’s soymeal […]