Commodities

Soyabean futures sustain rally

Our Bureau Chennai | Updated on March 12, 2018 Published on July 18, 2012

Soyabean has been quoting higher on account of deficient rain in the growing areas.

Soyabean futures continued to rally on Wednesday. The soyabean August futures moved up over 0.5 per cent to quote at Rs 4,681 in the morning session as against Rs 4,626 at close of trading on Tuesday. The rally has been put down to poor rain in the growing areas.

In the global market, soya complex has been rising on drought affecting the US crop. As a result, soyabean oil and soyameal are also quoting higher.

Published on July 18, 2012
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