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Soybean Prices June 08

(Indicative Commodity Prices in US$ PMT FOB port, India)

27th June - US$ 700-725
The soybean prices were almost same though it had dropped at the end of last week and start of this week but bounced back due to positive movement on Cbot. Soybean futures are also going strong.


19th june - US$ 700-725
The soybean prices are moving up due to its heavy demand for crushing. Right now its meal as well oil both are going firm in markets thus lifting soybean prices too.

17th June - US$ 690-715
Soybean prices moved up mirroring Malaysian palm oil movements and due to good demand for crushing as soybean meal rates have skyrocketed.

13th June - US$ 660-685

Soybean prices are continuosuly on the rise as there is good demand for crushing and also reflecting CBOT movement. Even soybean futures are up.

7th June
Soyabean - US$ 645-670

The prices went up because of good demand for crushing for soymeal as right now there is strike in Argentine so its global supply is slow.

3rd June
Soybean - US$ 640-665

It once again showed marginal jump.

For latest prices of Soybean

 

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