Spot Market Update: Soybeans Hold Steady In Indore

Soybeans are witnessing steady demand from stockists after the recent price correction. There are calls of slightly better prospects for Soybeans in ready market after the increase in import duties on edible oils. Supplies are steady in major mandies in Maharashtra and Madhya Pradesh and traders are eyeing the arrivals of rabi oilseeds now. Spot Soybeans are quoting around Rs 3780 per quintal in Indore today, unchanged on the day.