Soyabean On NCDEX Settled Down By -1.79% At 3738

Soyabean on NCDEX settled down by -1.79% at 3738 tracking lower prices in international markets on expectations that a US government report will show farmers increased acreage for this year's soybean crop. Prices of the bean were down as monsoon advancement in key growing region of Madhya Pradesh is likely to boost sowing progress. Further, expectations of lower demand from millers and stockists during the end of the season, too added pressure on commodity prices.

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