NCDEX Soybean regains on sharp increase in domestic demand

Soybean December futures on NCDX opened gap up with a gain of nearly 2.5 percent on high domestic demand. December futures touched a high of Rs. 3375 per quintal and closed on Rs. 3339 per quintal. We can suggest a reversal in prices from around Rs. 3390 per quintal. Higher supply is still a concern for soybean prices. 

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