Soyabean On NCDEX Settled Down -0.78% At 3195

Soyabean on NCDEX settled down -0.78% at 3195 on hopes of higher supply in domestic market following reports of reports of robust crop progress data and on weak demand for soymeal. India Met Department (IMD) in its weekly outlook report said that the southwest monsoon rains are likely to revive over east, northeast and south Peninsula next week. Rainfall activity is likely to increase over many parts of central and adjoining north Peninsular India from Sep 12 onwards.

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