Soyabean On NCDEX Settled Up By 1.57% At 3237

Soyabean on NCDEX settled up by 1.57% at 3237 on improved demand after United States Department of Agriculture reported higher exports for August month. USDA it its World Agriculture Supply and Demand Estimates said that exports of bean during August month jumped by 1.8% to 54.02 million tons on increasing demand from Asian markets. According to United States Department of Agriculture (USDA) September estimates, U.S 2016/17 soy oil end stocks fell by 1.14 percent m-o-m to 1,735 million lbs from 1,755 million lbs in August estimate.

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