Outlook is bullish for NCDEX soyabean

Gurumurthy K
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Soyabean prices have seen a strong upsurge over the last couple of weeks. Before this up-move, the prices had been on a strong downtrend since September. The Centre’s move to increase the import duty on edible oils helped halt the downtrend and in triggering a trend reversal.The soyabean futures contract on the National Commodity and Derivatives Exchange (NCDEX) reversed sharply higher in the last...
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