Soybean Futures Continue

Soybean futures continue its downtrend on Friday as monsoon covered in soybean sowing regions. There are reports of lesser sowing area but may not affect the yield in Madhya Pradesh. Soybean Jul’16 contract closed 0.18% down to settle at Rs. 3,805 per quintal. However, lower demand from traders keeps spot prices lower yesterday compared to previous day.

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