Thursday, June 16, 2016

NCDEX July Soyabean Prices Traded Lower due to More Supply in Physical Market @ Sold Soyabean Best Position

NCDEX July Soyabean prices traded lower due to more supply in physical market. The prices may trade on a weaker note as conditions are favorable for the monsoon to advance in the country.

Moreover, the supplies of soybean have risen at domestic market on stockiest selling at higher prices. In CBOT, Soyabean future prices is likely to trade down as rainfall in major producing regions of Mid West US is likely to be favorable for the crops. Soyabean trade ended the day at Rs. 3890 per quintal which is approx 1.62% down against its previous close. We recommend sell Soyabean futures during today’s trading session.

@ I am Advies you can Sold NCDEX Soyabean is best to all trader and investor, It is Safe point for all. 


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