03/07/2017 Commodity Market Latest Update – Intraday Tips, BUY Soybean

Soybean :-
Soybean July futures on closed lower on Thursday still trading in a range, due good sowing progress of soybean and higher arrivals in the physical market despite the strong move in soy oil prices.

Soya oil:-
Refined soy oil July delivery futures continue to trade higher this week to close 0.75% higher on Thursday tracking strong US soy oil prices. There is an anticipation of good domestic demand of edible oil during the monsoon season.

 

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