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Downtrend in soyabean continuing for the past few days ended with renewed buying support and weather woes in the United States. Amid arrival of 75,000-80,000 bags in mandis across Madhya Pradesh, soyabean prices were quoted higher at ₹3,425-50 a quintal, notwithstanding weak global cues. Plant deliveries also ruled higher at ₹3,550-3,600 a quintal. Buying support in soyameal at lower level today lifted soyameal prices today to ₹31,000-200 a quintal. Soya oil continued to trade low on weak global cues and slack physical demand with soya refined being quoted at ₹607-10 for 10 kg, while soya solvent ruled at ₹580-585.
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