Soybean Prices to Trade Sideways to Lower: Neal Bhai Reports

Neal Bhai Report on Soybean

According to the data released by SEA, India’s soy meal exports down 32% on year to 59,643 tn in August due to dull demand from major importers. For Apr – Aug, India’s soymeal exports down by 4% on year at 3.72 lakh tonnes. However, there is anticipation of good physical demand for crushing due to expectations over rising exports to China.

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Turmeric Futures is expected to trade with an upside

Turmeric Futures is expected to trade with an upside

Gold Silver Reports — Turmeric futures (July) is expected to trade with an upside bias & there is possibility that it can test 8300-8350 levels. Spot turmeric prices increased at Erode markets as some traders have received a few upcountry orders. Of the 5,000 bags arrived for sale, traders purchased all the medium and fine variety turmeric.

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