Soybean April Futures Edged Higher On Thursday

Soybean April futures edged higher on Thursday due to higher demand even the supplies have been higher compared to last week. As per Agmarknet, arrivals of soybean this week till Thursday are about 48,859 tonnes Vs 23,832 tonnes last week same time. There is a good domestic as well as export demand for soybean. Soybean exports during Oct-Feb were estimated at 112,000 tonnes, compared with 80,186 tonnes in the year-ago period, as per SOPA press release.

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