Monday, 30 May 2011
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Soybean trades down on global cues
Indian soybean futures traded down side on Saturday owing to the lower closing of the CBOT on Friday. The CBOT closed lower owing to expectations of the recovery in the weather. Across the Indian commodity bourses also the traders went in for profit booking. The concern about the increase in MSP is affecting the domestic market sentiments. Outlook NCDEX Soy bean futures are expected to
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