Thursday, 24 February 2011
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Soybean falls on global cues
NCDEX March soybean futures fell sharply yesterday (down 3% ), tracking global cues as huge losses at CBOT, USA and CPO futures at Bursa Malaysia Derivative Excahnge, Malaysia. Hhigher Brazil's production estimates and favorable weather in Argentina also provided support to the bears. Arrivals: Daily arrivals of soybean in Madhya Pradesh were at 35,000 bags yesterday and around 2000 bags in
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