SOYBEAN TRADES FIRM IN SPOT MARKETS
Date: 20/3/2012
Soybean was trading firm in major spot markets of Madhya Pradesh and Maharashtra on downward revision of crop output estimates by COOIT. Industry body COOIT has revised its kharif soybean output estimate to 106.50 lakh tons from 115 lakh tons forecasted earlier. COOIT forecasted rapeseed/mustard production at 60.30 lakh tons in 2011-12 from 71 lakh tons a year earlier. Soybean traded at Rs 2,550-2,900 per 100 kg in the major markets of Madhya Pradesh and Rs 2,550-2,765 per 100 kg in Maharashtra. Powered by Smc Online News
No comments:
Post a Comment