Friday, 18 February 2011

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Soybean gains on active buying

  • Friday, 18 February 2011
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  • The NCDEX soybean futures broke its falling streak and recovered smartly on Thursday due to short covering. Traders and investors covered their short positions anticipating recent decline is looking overdone. Firm trend in overseas market also gave mild support to the market. Spot markets also saw a mild recovery yesterday with emergence of stockist buying. However, crushers were away from



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