Wednesday, 27 April 2011
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India: Soybean weakens on speculative selling
The NCDEX soybean futures traded on a weaker note on Tuesday extending its previous losses on speculative selling. Indian market moved in line with weak overseas market. A sharp decline in international market was driven by dwindling demand outlook and supported by decline in crude oil prices. In domestic front, traders and investors were away from active buying in absence of fresh
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