Soyabean On NCDEX Settled Up 0.13% At 3113

Soyabean on NCDEX settled up 0.13% at 3113 on hopes of higher demand from crusher at lower level despite of higher global supply. After Madhya Pradesh, excess rainfall in Maharashtra is playing havoc for soybean crop. Certain regions of Maharashtra especially Marathwada, which have been big producer of soybean are facing flood like situation. In Marathwada district of Maharashtra soybean crop has suffered due to moisture stress as during the flowering stage, for about 20-25 days there was no rainfall.

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