Outlook bearish for NCDEX-Soybean
Soybean prices have been under pressure over the last three weeks. The soybean futures contract on the National Commodity & Derivatives Exchange (NCDEX) has slumped about 10 per cent from its high of ₹3,070 a quintal recorded in the last week of April to the current levels of ₹2,780. Concerns of a bumper supply both globally and on the domestic front have been dragging soybean prices lower.Ou...
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